Adani Green Energy Announces Allotment of Equity Shares
Adani Green Energy Ltd. has made a significant announcement regarding the allotment of 1.08 crore equity shares to Ardour Investment Holding. This decision comes after the conversion of convertible warrants that were previously issued on a preferential basis. The company revealed this information through a regulatory filing.
Conversion of Convertible Warrants
Ardour Investment Holding decided to exercise and convert the 1.08 crore warrants into an equivalent number of fully paid-up equity shares. Each share has a face value of Rs 10. This conversion took place upon receiving the balance subscription amount of Rs 1,110.56 per warrant, totaling over Rs 1,199 crore.
Quarterly Operational Update
In its quarterly operational update, Adani Green Energy reported a substantial 45% year-on-year increase in its renewable energy generation capacity. By June 2025, the company’s operational renewable energy portfolio reached 15,816 megawatts, as compared to 10,934 MW in the corresponding period the previous year.
The current portfolio consists of 11,156 MW of solar capacity, 1,986 MW of wind power, and 2,674 MW from hybrid energy sources. This expansion solidifies Adani Green Energy’s position as one of India’s leading players in the renewable energy sector.