Adani Power sells subsidiary CIPL to AdaniConneX for Rs 535.69 crore

Strategic Transactions View source PDF Explain this filing

ADANIPOWER · 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

-1.7%Reaction day

₹215.80

prior close

₹215.92

announcement price

After-mkt

timing

Nifty 100market+0.2%-1.9% vs market

Power peers, median of 37sector · industry level+0.1%-1.8% vs sector

On the reaction day the stock moved 1.9 pts less than Nifty 100 and 1.8 pts less 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

Stock

-1.2

10m

-1.3

15m

-1.3

30m

-1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.7+0.2-1.9+0.1-1.8

Next day

-8.2-0.2-8.1-1.7-6.6

-5.8-0.5-5.3-1.7-4.1

-4.2-0.9-3.2-1.9-2.2

-3.8-1.1-2.8-1.6-2.3

-4.1-1.0-3.1-0.7-3.4

-3.4-1.9-1.5-1.1-2.3

15d

-4.4-2.9-1.5-2.4-2.0

-9.1-5.4-3.7-5.2-3.9

-14.8-6.5-8.3-10.1-4.7

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

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

AI summary

Adani Power sold its entire stake in wholly owned subsidiary Chandenvalle Infra Park (CIPL) to AdaniConneX Private Limited for Rs 535.69 crore. CIPL has not started commercial operations but holds sizeable land parcels in Telangana. Transaction already closed on August 27, 2026. Buyer is a 50:50 JV between Adani Enterprises and EdgeConneX. Deal is a related party transaction done at arm's length.

Likely market impact

Minor positive: Rs 535.69 crore cash inflow from selling a non-operational land-holding subsidiary to a related Adani group entity.