Adani Green Energy Limited has informed the Exchange regarding 'Allotment of Equity Shares upon conversion of Warrants'.

Warrants convertedFund Raising View source PDF Explain this filing

ADANIGREEN · price

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

+5.8%Reaction day

₹968.50

prior close

₹994.20

announcement price

In-mkt

timing

Nifty 100market · index membership as recorded later (tracked since Jun 2026)+0.1%+5.7% vs market

Power Generation peers, median of 26sector+2.4%+3.3% vs sector

On the reaction day the stock moved 5.7 pts more than Nifty 100 and 3.3 pts more than its Power Generation 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

Stock

-0.3

10m

-0.1

15m

+0.0

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+5.8+0.1+5.7+2.4+3.3

Next day

+4.7-0.1+4.8+3.8+0.9

+1.7-1.3+3.0+1.3+0.4

+2.8-0.6+3.5+2.0+0.8

+2.1-1.4+3.4+2.1-0.0

+2.0-0.5+2.4+2.3-0.4

+4.5-0.5+5.0+3.6+0.9

15d

+5.1+0.3+4.8+3.4+1.7

+2.6-0.1+2.6+5.6-3.0

+7.0+1.2+5.9+9.5-2.5

-2.8-0.3-2.5-1.9-0.9

UpDownMarket · Nifty 100Sector · Power Generation peers, median of 26Pending

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

AI summary

Adani Green Energy has allotted 54,55,584 equity shares to Ardour Investment Holding Ltd (a promoter group company) after Ardour exercised and converted an equal number of convertible warrants. The conversion happened at Rs. 1,480.75 per share (Rs. 10 face value plus Rs. 1,470.75 premium), with Ardour paying the remaining 75% subscription amount of Rs. 1,110.56 per warrant, totalling around Rs. 605.88 crore. These warrants were originally allotted in January 2024 as part of a preferential issue of 6.31 crore warrants. After this allotment, the company's issued and paid-up share capital has risen from 160.43 crore shares to 160.97 crore shares, and the promoter group's stake has nudged up slightly from 61.43% to 61.56%. Ardour still holds 3.74 crore warrants that can be converted by July 24, 2025.

Likely market impact

Minor dilution for public shareholders (about 0.13%) as promoter group stake inches up marginally. This signals continued promoter confidence and commitment of capital, but is not a new fundraising — it is the conversion of warrants already issued in 2024.