Adani Green Energy Limited has informed the Exchange regarding 'Allotment of shares upon conversion of warrants'.

Adani Green Energy has informed the stock exchange about the allotment of new equity shares following the conversion of warrants held by certain warrant holders. Warrant holders exercised their right to convert their warrants into fully paid-up shares, resulting in an increase in the total share capital of the company. The exact number of warrants converted and shares allotted has not been detailed in the headline, but this is a routine corporate action arising from the company's earlier warrant issuance. Existing shareholders should note that this conversion increases the total number of outstanding shares. The conversion price was likely predetermined at the time the warrants were originally issued.