Adani Power Limited has informed the Exchange regarding Corrigendum to Notice of Annual General Meeting to be held on Jun 25, 2025
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Adani Power has issued a corrigendum (correction) to the notice of its 29th Annual General Meeting (AGM) scheduled for Wednesday, June 25, 2025, at 2:30 p.m. via video conferencing. The corrections are limited to the explanatory statement on material related party transactions (Items 6-12): two additional paragraphs were added on page 15, the RPT value as a percentage of subsidiary Mahan Energen Limited's turnover was incorporated on page 17, and a 'Not Applicable' tag was added on page 20 for Adani Infra (India) Limited since it is not a subsidiary. The AGM will also consider approval of FY25 financial statements, confirmation of a 0.01% dividend on Compulsorily Redeemable Preference Shares (₹4.16 lakh total), appointment of two new independent directors (Manmohan Srivastava, Shailesh Haribhakti), and appointment of Shersingh Khyalia as Whole-time Director and CEO with a total remuneration of ₹9.16 crore per annum. Several material RPTs with related parties such as Powerpulse Trading Solutions, Adani Electricity Mumbai, Adani Energy Solutions, and others are also on the agenda for shareholder approval.
This is a procedural correction that does not alter the substance of the AGM agenda; shareholders should refer to the revised notice available on the company's website before voting. The clarifications mainly improve disclosure around related party transactions and are unlikely to materially affect the stock price.