Adani Energy Solut.

Adds Adani Ports and Special Economic Zone statement in paragraph 5

Sept 28 (Reuters) - India's market regulator on Monday allowed Adani Group Chairman Gautam Adani and four group companies to settle proceedings on alleged regulatory lapses related to a 25% minimum public shareholding requirement.

The Securities and Exchange Board of India (SEBI) said four Adani companies and 14 company directors, including Gautam Adani, had settled the proceedings by paying a total of 14.82 million rupees ($154,403.15).

In a separate order, the regulator said it has disposed of its case against the group claiming certain promoter holdings were categorised as public holdings.

SEBI said it could not establish that investments made through two offshore funds and another public shareholder were directed by Vinod Adani, brother of Gautam Adani.

In a regulatory filing late on Monday, Adani Ports and Special Economic Zone Limited said the settlement was reached without admission or denial of SEBI's findings and would have no material financial impact.

In 2020, SEBI had received complaints against the group's flagship company Adani Enterprises, Adani Power, Adani Ports and Special Economic Zone and Adani Transmission — now known as Adani Energy Solutions — claiming they were not in compliance with its minimum public float rules.

In its notices to the companies and Adani, the regulator had alleged violations of the public shareholding requirements and related shareholding disclosure rules.

However, the settlement order does not require the companies to make any corrective shareholding disclosures, nor does it contain a regulatory finding on the alleged violations.

The probe was part of the 24 investigations SEBI had undertaken after US-based short-seller Hindenburg alleged in 2023 that Adani group companies manipulated their stock prices through tax havens. Adani Group had denied the allegations.

SEBI has since allowed the group to settle several cases in the last year, although probes are still pending into whether certain Adani Group offshore investors circumvented Indian rules and whether there was manipulation in the trading of the group's shares.

The case disposed of on Monday centred on SEBI's investigations into whether offshore funds whose investments in Adani Group firms were funded largely through entities linked to two individuals — Nasser Ali Shaban Ahli and Chang Chung-Ling — were acting under the direction or control of Vinod Adani.

The regulator's final order concluded there was insufficient evidence that Vinod Adani controlled investment decisions of the funds, including Emerging India Focus Funds and EM Resurgent Fund.

However, SEBI fined Ahli and Ling 2 million rupees each for failing to furnish correct and complete information during the investigation.

($1 = 95.9825 Indian rupees)

(Reporting by Jayshree P Upadhyay in Mumbai and Mridula Kumar in Bengaluru; addtional reporting by Nethra Sailesh; editing by Jonathan Ananda and Maju Samuel)

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Sept 22 (Reuters) - Adani Total Gas Ltd ADAG.NS:

• INDIA MARKETS REGULATOR: SETTLEMENT ORDER IN MATTER OF ADANI GROUP COMPANIES

• INDIA'S SEBI: INSTANT ADJUDICATION PROCEEDINGS INITIATED AGAINST ADANI GROUP COMPANIES DISPOSED OF

• INDIA'S SEBI: APPROVES SETTLEMENT IN CASE OF 5 ADANI GROUP COMPANIES

• INDIA'S SEBI: ALLOWS SETTLEMENT IN CASE OF DISCLOSURE VIOLATIONS

• INDIA'S SEBI: FIVE ADANI GROUP ENTITIES TO PAY 15.1 MILLION RUPEES IN SETTLEMENT

Further company coverage: ADAG.NS

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Powerpulse Trading Solutions, a wholly owned subsidiary of Adani Energy Solutions, entered into a 25-year power purchase agreement with Maharashtra State Electricity Distribution Company for the supply of 2,500 MW of renewable round-the-clock power. The agreement followed Adani Power’s assignment of all rights and obligations under an MSEDCL letter of award to Powerpulse; Adani Power had announced receipt of that award on April 2. The PPA was executed on September 8, with supply beginning on the scheduled commencement date specified in the agreement. AESL’s energy-solutions platform accounted for about 20% of Q1 FY27 revenue, compared with roughly 3% in FY25, while consolidated FY26 revenue was ₹28,325 crore.

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Entities managed by GQG Partners sold 19,967,446 shares of Adani Energy Solutions through multiple open-market transactions between June 30, 2023 and August 31, 2026, reducing their combined holding from 5.09% to 3.46%. GQG Partners LLC, the investment manager, made the investment decision for the acquiring entities and persons acting in concert, which were not part of the promoter group. Adani Energy Solutions reported consolidated FY26 revenue of ₹28,325 crore, with regulated transmission and distribution as its cash-flow base. Its transmission order backlog stood at about ₹85,000 crore after an approximately ₹4,700 crore Satara project award.

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Adani Energy Solutions won a ₹4,700 crore transmission project in Maharashtra to evacuate up to 4,500 MW of renewable and storage power. The 36-month project, awarded through tariff-based competitive bidding after AESL emerged as the lowest bidder, will add 562 ckm of lines and 9,000 MVA of transformation capacity. The award took its transmission orderbook to approximately ₹85,000 crore and its cumulative transmission network to 29,739 ckm. AESL had deployed ₹14,232 crore of capex in FY26 and guided to ₹21,000-22,000 crore for FY27.

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Aug 26 (Reuters) - India's Adani Energy Solutions ADAI.NS said on Wednesday it has won a 47-billion-rupee ($492.6 million) transmission project in Maharashtra to transmit up to 4,500 MW of renewable and storage power.

The project, to be delivered within 36 months, will add 562 circuit kilometres of transmission lines and 9,000 MVA of transformation capacity to the company's portfolio.

($1 = 95.4125 Indian rupees)

(Reporting by Anuran Sadhu in Bengaluru; Editing by Janane Venkatraman)

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Aug 14 (Reuters) - Adani Energy Solutions Ltd ADAI.NS:

• ADANI ENERGY SOLUTIONS - EXECUTED SHARE PURCHASE AGREEMENT FOR ACQUIRING 100% EQUITY SHARES OF VIZAG POWER TRANSMISSION

Source text: [ID:]

Further company coverage: ADAI.NS

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Aug 13 (Reuters) - MSCI Inc MSCI.N:

• FIFTY-FIVE SECURITIES WILL BE ADDED TO AND 92 SECURITIES WILL BE DELETED FROM THE MSCI ACWI INDEX

• THERE WILL BE SIX ADDITIONS TO AND FIVE DELETIONS FROM THE MSCI FRONTIER MARKETS INDEX

• THERE WILL BE 137 ADDITIONS TO AND 73 DELETIONS FROM THE MSCI WORLD ALL CAP INDEX

• GOTO GOJEK TOKOPEDIA TO BE DELETED FROM MSCI INDONESIA INDEX

• ADANI ENERGY SOLUTIONS TO BE ADDED TO MSCI INDIA INDEX

• LENSKART SOLUTIONS TO BE ADDED TO MSCI INDIA INDEX

Further company coverage: MSCI.N

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By Dharamraj Dhutia and Vivek Kumar M

MUMBAI, July 31 (Reuters) - India's Adani Energy Solutions ADAI.NS may launch another share sale for institutional investors by early next fiscal year, after securing 35 billion rupees (about $367 million) in a similar fundraise this week, two sources familiar with the matter said on Thursday.

Companies belonging to billionaire Gautam Adani's ports-to-power conglomerate have raised about $4.75 billion over the last eight months through QIPs and rights issues to fund expansion and reduce debt.

The group's flagship, Adani Enterprises ADEL.NS, raised $1.58 billion via a QIP earlier this month and $2.8 billion through a rights issue. Another group company, Adani Power ADAN.NS, plans to raise up to $1.57 billion through a QIP.

This marks the biggest capital raise from the group since a short seller's allegations roiled its shares in 2023.

Adani Energy Solutions has shareholder approval to raise up to 100 billion rupees through shares in one or more tranches.

If market conditions remain favourable, the company may go for the entire remaining quantum in the next tranche, the sources said.

"After such a strong response, the company may tap the QIP market again towards the end of this financial year or early next FY," one of the sources said.

India's fiscal year runs April through March.

The sources requested anonymity as they are not authorised to speak to media. Adani Energy Solutions did not reply to a Reuters email seeking comment.

Mutual funds and insurance companies were the biggest buyers of Adani Energy Solutions' shares in this week's fundraise, according to a company statement, with the firm receiving offers totalling three times its target.

Shares of the firm, which is the largest private sector power transmission company in India, have jumped more than 60% so far in 2026.

($1 = 95.3800 Indian rupees)

(Reporting by Vivek Kumar M and Dharamraj Dhutia)

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Adani Energy Solutions has won a ₹8,500 crore interstate transmission project in Andhra Pradesh, the company said on Thursday. The project, awarded through tariff-based competitive bidding, will supply power to proposed green hydrogen and green ammonia projects in the Vizag area, catering to about 4,500 MW of demand. It will also serve expected load growth from data centre and digital infrastructure investments in the Pendurthi-Vizag region. AESL will build a 4×1500 MVA, 765/400 kV GIS substation at Pendurthi and a 3×1500 MVA, 765/400 kV Khammam-II substation, adding 1,582 circuit kilometres of transmission lines and 10,500 MVA of transformation capacity. With this, the company's transmission order book now exceeds ₹80,000 crore. The project is to be delivered in 30 months.

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July 24 (Reuters) - Adani Energy Solutions Ltd ADAI.NS:

• ADANI ENERGY SOLUTIONS LTD-AESL WINS 85 BILLION RUPEES TRANSMISSION PROJECT IN ANDHRA PRADESH

• ADANI ENERGY SOLUTIONS: PROJECT TO SUPPORT POWER SUPPLY TO GREEN AMMONIA PROJECTS IN VIZAG

Source text: [ID:]

Further company coverage: ADAI.NS

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Adani Energy Solutions Ltd on Tuesday reported a 42% jump in consolidated net profit to ₹1,236.56 crore for the quarter ended June 30, 2026, driven by strong growth across its transmission and distribution businesses. The company also said it has signed a binding agreement to acquire a 100% stake in IntelliSmart Infrastructure Private Ltd, a smart metering joint venture between NIIF and EESL, for ₹3,050 crore. The acquisition will make AESL India's largest smart metering platform with over 4.7 crore meters under contract. The transaction is subject to regulatory and other customary approvals. Separately, AESL provided updates on US legal proceedings involving a non-executive director, including a motion by the US Department of Justice to dismiss charges with prejudice.

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July 21 (Reuters) - Adani Energy Solutions Ltd ADAI.NS:

• Q1 CONSOL NET PROFIT 11.49 BILLION RUPEES

• Q1 CONSOL REVENUE FROM OPERATIONS 97.11 BILLION RUPEES

Source text: ID:nnAZN4T92VH

Further company coverage: ADAI.NS

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NEW YORK, July 17 (Reuters) - The top federal prosecutor in Brooklyn said he had no basis to dispute the U.S. Department of Justice's decision to abandon its prosecution of Indian billionaire Gautam Adani, but stopped short of saying whether he agreed with dismissing the fraud and bribery case.

In a letter on Friday to the judge overseeing the case, U.S. Attorney Joseph Nocella Jr. said he was "not the decisionmaker" behind dropping the case, and had no basis to believe the reasons advanced by his supervisor Trent McCotter, a top Justice Department official, were not the "real grounds" for a dismissal.

U.S. District Judge Nicholas Garaufis had asked Nocella to explain whether he agreed or disagreed with McCotter's reasons for dropping the Adani case, and whether there were other bases for doing so.

Nocella's office did not immediately respond to a request for comment.

(Reporting by Jonathan Stempel in New York; Editing by Sanjeev Miglani and Cynthia Osterman)

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Adani Energy Solutions' board approved raising up to ₹10,000 crore through a qualified institutions placement or other permissible securities, according to a regulatory filing on July 1. The fundraising, which requires shareholder approval at an extraordinary general meeting scheduled for July 25, will be executed in one or more tranches. The filing marks a significant capital-raising move for the large-cap energy infrastructure company.

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July 1 (Reuters) - Adani Energy Solutions Ltd ADAI.NS:

• ADANI ENERGY SOLUTIONS - APPROVES FUNDRAISING UP TO 100 BILLION RUPEES VIA EQUITY OR ELIGIBLE SECURITIES

• ADANI ENERGY SOLUTIONS - FUNDRAISING TO BE VIA QIP OR OTHER PERMISSIBLE MODES IN ONE OR MORE TRANCHES

Source text: ID:nBSE5szSdx

Further company coverage: ADAI.NS

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Adani Energy Solutions acquired Intellismart Infrastructure, a smart metering company, for ₹3,050 crores in an all-cash deal signed on June 9th. The transaction, which gives Adani full ownership of Intellismart, adds 4.7 crore smart meters to its portfolio and deepens its presence in the advanced metering infrastructure segment. Intellismart, backed by the National Investment and Infrastructure Fund and Energy Efficiency Services, posted revenues of ₹621 crores in its latest fiscal year. The acquisition is subject to anti-trust clearance from the Competition Commission of India, with completion expected within six months. The deal marks a further consolidation in India's smart metering push.

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June 9 (Reuters) - Adani Energy Solutions Ltd ADAI.NS:

• ADANI ENERGY SOLUTIONS - SIGNS AGREEMENT TO BUY 100% OF INTELLISMART

• ADANI ENERGY SOLUTIONS LTD - COST OF THE TRANSACTION IS INR 30.50 BILLION RUPEES

Source text: ID:nBSEGcrVH

Further company coverage: ADAI.NS

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June 5 (Reuters) - Adani Energy Solutions Ltd ADAI.NS:

• GQG PARTNERS EMERGING MARKETS EQUITY FUND SELLS 6.4 MILLION SHARES IN ADANI ENERGY SOLUTIONS VIA BLOCK DEAL - NSE DATA

Further company coverage: ADAI.NS

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May 30 (Reuters) - Adani Energy Solutions Ltd ADAI.NS:

• ADANI ENERGY SOLUTIONS - KUNJAL MEHTA RESIGNS AS CFO EFFECTIVE MAY 30, 2026

• ADANI ENERGY SOLUTIONS - APPOINTS ASHOK JAGETIYA AS CFO EFFECTIVE MAY 31, 2026

Source text: ID:nNSELHCWW

Further company coverage: ADAI.NS

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Updates levels, adds background throughout, adds analyst comments in paragraph 7, adds graphic

By Surbhi Misra

May 19 (Reuters) - Shares of Adani Group companies jumped as much as 5.3% on Tuesday, after the Trump administration moved to dismiss criminal fraud charges against billionaire Gautam Adani, easing a key legal overhang on the ports-to-power conglomerate.

The U.S. Justice Department on Monday moved to drop charges accusing Adani and associates of paying bribes to secure power supply contracts in India, while Adani Enterprises separately settled allegations tied to liquefied petroleum gas imports from Iran.

Shares of the group's flagship, Adani Enterprises ADEL.NS, rose as much as 2.71% and were last up 1.75% at 2736.70 rupees by 1:45 p.m. IST.

Adani Group stocks have been volatile since short seller Hindenburg Research's 2023 report alleging stock manipulation and improper use of offshore tax havens, with several companies recovering sharply from initial losses before coming under renewed pressure amid broader market weakness and legal scrutiny.

In November, U.S. prosecutors accused Gautam Adani and associates of agreeing to pay $265 million in bribes to Indian officials to secure approvals for solar power projects and misleading U.S. investors about the group's anti-corruption practices.

Adani Group has repeatedly denied wrongdoing.

Separately, the U.S. Treasury Department on Monday said Adani Enterprises had agreed to pay $275 million to resolve alleged sanctions violations tied to liquefied petroleum gas imports from Iran.

"The removal of the legal overhang is a positive and could support debt refinancing and fundraising for new projects," said Deven Choksey, managing director at DRChoksey FinServ, adding that the development could also pave the way for restructuring initiatives across the conglomerate.

Shares of Adani Green Energy ADNA.NS, which was linked to the U.S. bribery allegations, were last up 1.77%, after rising as much as 5.26% during the day.

As of 1:45 p.m. IST, Adani Ports APSE.NS inched down 0.12%, while Adani Energy Solutions ADAI.NS gained 0.67%.

The U.S. Securities and Exchange Commission separately settled a civil lawsuit against Adani over an alleged scheme to bribe Indian government officials, court records showed last week.

(Reporting by Surbhi Misra; Editing by Rashmi Aich)

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May 15 (Reuters) - Shares of India's Adani group companies rose between 0.5% and 3.5% on Friday, after media reports that the U.S. Justice Department was close to dropping criminal fraud charges against billionaire Gautam Adani.

Adani on Thursday also resolved a related civil fraud lawsuit brought by the U.S. Securities and Exchange Commission, over an alleged scheme to bribe Indian government officials, subject to court approval.

Shares of the group's flagship, Adani Enterprises ADEL.NS, rose as much as 3.2% in pre-open trade but came off to trade 1.6% higher at 2,756 rupees.

(Reporting by Surbhi Misra in Bengaluru; Editing by Mrigank Dhaniwala)

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By Bharath Rajeswaran

May 13 (Reuters) - Global index provider MSCI added four Indian stocks and removed four from its widely tracked Global Standard Index in its latest periodic review, announced earlier on Wednesday, with the changes set to take effect on May 29, 2026.

Federal Bank FED.NS, Multi Commodity Exchange of India MCEI.NS, National Aluminium NALU.NS and Indian Bank INBA.NS will enter the index, while Hyundai Motor India HYUN.NS, Jubilant Foodworks JUBI.NS, Kalyan Jewellers KALN.NS and Rail Vikas Nigam RAIV.NS will be excluded.

India's weight in the MSCI Global Standard Index remains broadly steady at 12.3%, compared with 12.4% after the February review, while the number of Indian constituents is unchanged at 165.

Adani Energy Solutions ADAI.NS, initially seen as a provisional addition, has been left out after being placed under the NSE's additional surveillance mechanism framework, a watchlist for unusual trading activity that makes the stock ineligible for inclusion.

MSCI indexes are key global benchmarks tracked by large passive funds, making index changes a significant driver of stock-specific flows.

Inclusions typically attract fresh passive capital, while deletions often trigger outflows as funds rebalance portfolios.

Nuvama Quantitative and Alternative Research expects passive inflows of $491 million into Federal Bank, $373 million into MCX, $308 million into National Aluminium and $209 million into Indian Bank.

On the other side, Hyundai Motor India, Jubilant Foodworks, Kalyan Jewellers and Rail Vikas Nigam are projected to see outflows of $281 million, $161 million, $137 million and $136 million, respectively.

Adani Power ADAN.NS, BPCL BPCL.NS, FSN E-Commerce FSNE.NS, Trent TREN.NS and Oracle Financial Services ORCL.NS are also expected to draw inflows due to higher weightages, while weights for HUL HLL.NS, Bajaj Finance BJFN.NS, TCS TCS.NS, ONGC ONGC.NS and Ultratech Cement ULTC.NS, among others, were trimmed.

While the Global Standard Index saw balanced additions and deletions, MSCI's small-cap index had heavier exclusions, reducing India's small-cap count to 459 from 474.

(Reporting by Bharath Rajeswaran in Bengaluru; Editing by Ronojoy Mazumdar)

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May 12 (Reuters) - Adani Energy Solutions Ltd ADAI.NS:

• MSCI: ADANI ENERGY SOLUTIONS WILL NOT BE ADDED TO THE MSCI INDEXES AS PART OF THE MAY 2026 INDEX REVIEW

• MSCI: WILL NOT IMPLEMENT ANY ADDITIONS TO IMI FOR SECURITIES THAT ENTER INDIA SHORT TERM AND LONG TERM ADDITIONAL SURVEILLANCE MEASURE

Source https://tinyurl.com/3u87bwfz

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April 23 (Reuters) - Adani Energy Solutions Ltd ADAI.NS:

• ADANI ENERGY SOLUTIONS Q4 CONSOL NET PROFIT 6.84 BILLION RUPEES

• ADANI ENERGY SOLUTIONS Q4 CONSOL REVENUE FROM OPERATIONS 74.43 BILLION RUPEES

Source text: ID:nBSE6ysnc0

Further company coverage: ADAI.NS

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-- Source link: https://tinyurl.com/tkxycp3a

-- Note: Reuters has not verified this story and does not vouch for its accuracy

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NEW YORK, April 7 (Reuters) - Gautam Adani, one of India's richest people, will ask a judge to dismiss the U.S. Securities and Exchange Commission's civil fraud case against him, his lawyers said on Tuesday.

In a filing in the Brooklyn, New York federal court, Adani's lawyers said the SEC's claims were "impermissibly extraterritorial," and no statements challenged by the regulator were actionable. Adani and his nephew Sagar Adani, who is also a defendant, also disputed there was any credible evidence supporting the bribery scheme that the SEC alleged.

(Reporting by Jonathan Stempel in New York)

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April 1 (Reuters) - Ambuja Cements Ltd ABUJ.NS:

• AAHL, BLINKIT LAUNCH INDIA’S FIRST IN-TERMINAL QUICK COMMERCE SERVICE AT MUMBAI AIRPORT- STATEMENT

Source text: [ID:]

Further company coverage: ABUJ.NS

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March 31 (Reuters) - Adani Energy Solutions Ltd ADAI.NS:

• ADANI ENERGY SOLUTIONS LTD - SIGNS SPA WITH PFC CONSULTING FOR ACQUIRING SOUTH KALAMB POWER TRANSMISSION

Source text: ID:nNSE84Vgsx

Further company coverage: ADAI.NS

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By Aditi Shah

NEW DELHI, March 20 (Reuters) - Tesla TSLA.O is preparing to enter India's industrial energy storage market, according to a job ad on its website, pitting it against companies controlled by Mukesh Ambani and Gautam Adani as they deepen investment in the sector as the grid shifts to cleaner power.

The new business will also mark Tesla's expansion in India beyond just electric cars, which it started selling in August.

The company already operates a Megapack business in the U.S. and other markets, supplying large-scale energy storage systems for industrial and utility users.

Tesla's new plan was revealed in a job ad on its website, which said it is looking to hire a business development lead in India to "develop and execute a comprehensive market expansion strategy for industrial energy storage solutions".

The candidate will shape its entry into India for "utility-scale energy storage", it added, without elaborating.

Reuters is first to report Tesla's plan. The company did not respond to a request for comment.

Ambani's Reliance RS.N and Adani's group ADEL.NS also have ambitious plans for India's energy storage sector.

India has set a target to reach 500 gigawatts (GW) of non-fossil fuel energy capacity by 2030 from more than 262 GW at the end of 2025. It needs devices that can store energy during off-peak hours, stabilise the grid and reduce carbon emissions.

The government is encouraging companies to invest in storage systems by providing fiscal incentives and is also working on a national roadmap to enable firms to meet the targets.

(Reporting by Aditi Shah, editing by Aditya Kalra and Louise Heavens)

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