Adani Energy Solutions Limited has informed the Exchange about execution of Share Purchase Agreement for Acquiring of 100% Equity Shares of South Kalamb Power Transmission Limited
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Adani Energy Solutions Limited (AESL) has signed a Share Purchase Agreement on March 30, 2026, to acquire 100% equity shares of South Kalamb Power Transmission Limited (SKPTL) from PFC Consulting Limited (PFCCL). The deal is already completed, with cash consideration paid at face value of Rs. 10 per share. SKPTL is a newly incorporated entity (September 2025) with a small share capital of Rs. 1 lakh and no turnover history, operating in the electric utilities (transmission) space. The acquisition is not a related party transaction and required no additional regulatory approvals. AESL stated the move is aimed at strengthening power evacuation capability in the South Kalamb region, supporting reliable supply to Mumbai and preparing for an upcoming 6 GW ±800 kV HVDC renewable energy injection project.
Strategically positive for AESL as it expands its transmission footprint and aligns with the growing renewable energy evacuation opportunity near Mumbai, though the immediate financial impact is negligible given SKPTL's small size and no prior revenue.