BSEMediumNeutral
Announced Mon, 9 Jun · 18:00 IST

Intimation of ESG Rating.

Business Updates View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Adani Energy Solutions Ltd has received a consolidated ESG Rating of 67 from NSE Sustainability Ratings & Analytics Limited for FY2024. The rating evaluates the company on Environmental, Social, and Governance (ESG) parameters. Importantly, the company clarified that it did not engage NSE Sustainability for this evaluation — the rating was prepared independently by NSE based on publicly available data. The disclosure is being made under SEBI Listing Regulations to keep the stock exchanges and investors informed.

Likely market impact

A moderate ESG score of 67 out of 100 suggests average sustainability performance and may not significantly move the stock price. However, institutional investors and ESG-focused funds tracking such ratings may factor this into their investment decisions.