The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Gelt Bery and Investment Ltd & Others
ADANIENSOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Three promoter-group entities — Gelt Bery Trade and Investment Ltd, Emerging Market Investment DMCC, and Adani Infra (India) Limited — collectively bought 3,47,60,400 equity shares (2.89%) of Adani Energy Solutions (AESL) through open market purchases spread between June 2024 and March 2026. Gelt Bery acquired 0.80% (96.26 lakh shares), Emerging Market Investment DMCC acquired 1.11% (133.34 lakh shares), and Adani Infra (India) acquired 0.98% (118 lakh shares) on March 23, 2026. As a result, the combined promoter and PAC holding in AESL rose from 69.28% to 72.17% of the paid-up share capital. The purchases were disclosed to BSE and NSE on March 24, 2026, in compliance with takeover regulations.
This signals continued promoter confidence in AESL and a steady increase in promoter shareholding, which reduces free float. The promoter holding is now approaching the 75% upper limit (minimum 25% public shareholding norm), which may limit room for further creeping acquisition and could reduce trading liquidity for retail investors.