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

Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDF Explain this filing

ADANIENSOL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+1.8%Reaction day

₹968.00

prior close

₹989.40

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+1.8%-0.0% vs market

Power peers, median of 37sector · industry level+1.0%+0.7% vs sector

On the reaction day the stock moved in line with Nifty 100 and 0.7 pts more than its Power peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

+1.8+1.8-0.0+1.0+0.7

Next day

-1.2-0.4-0.8-1.4+0.2

-3.7-2.7-1.0-4.9+1.2

-1.2-1.0-0.3-0.1-1.1

-2.4-0.8-1.5+0.8-3.2

+2.3+0.3+1.9+2.3-0.0

+11.2+5.0+6.2+5.8+5.4

15d

+31.1+8.4+22.8+18.6+12.5

+48.2+6.6+41.6+21.6+26.6

+44.7+6.4+38.3+16.6+28.1

+55.6+6.9+48.7+12.3+43.3

UpDownMarket · Nifty 100Sector · Power peers, median of 37Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

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.

Likely market impact

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.