Adani Energy Solutions Limited — Important, 23-11-2024: General Updates

Adani Energy Solutions Ltd has responded to inquiries from BSE and NSE regarding a media report claiming that Kenya has dropped over $2.5 billion of Adani deals following a U.S. indictment. The company clarified that the project related to transmission line construction mentioned in the report is part of its ordinary business operations. Additionally, it emphasized that there is no material impact on the company's operations due to the report. Regarding the airport project mentioned, the company confirmed that it is not involved in any such projects in Kenya. Adani Energy Solutions Ltd remains committed to timely compliance with all regulatory disclosure requirements. Investors should maintain a positive outlook, given the company's proactive communications and clarification on this matter.