EGM approves fundraise of up to Rs 10,000 crore via QIP
ADANIENSOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Adani Energy Solutions held an EGM on July 25, 2026 where members approved a Special Resolution to raise up to Rs 10,000 crore by issuing equity shares (face value Rs 10) and/or other eligible securities through Qualified Institutional Placement (QIP) or other permissible modes, in one or more tranches. The EGM was held via video conferencing from 11:05 a.m. to 11:25 a.m. Out of 3,81,625 total shareholders, 11 from promoter group and 48 from public attended via VC. Detailed voting results will be filed separately.
Shareholders approved potential equity dilution of up to Rs 10,000 crore. Stock may see short-term pressure if QIP is priced at a discount, but funds will support growth plans.