Adani Energy Solutions Limited — Important, 21-11-2024: General Updates

Clarifications have been made regarding recent media reports about allegations against directors of Adani Green Energy Limited painted by the US Department of Justice and the Securities and Exchange Commission. Adani Group asserts that these allegations are unfounded, and that legal action will be pursued to address them. Emphasizing their commitment to governance and compliance, the Group reassures stakeholders of their adherence to legal standards across all operational jurisdictions. This statement seeks to alleviate concerns regarding potential impacts on the company’s reputation and operations. Investors should remain vigilant but also aware that the allegations do not implicate Adani Energy Solutions Ltd directly, suggesting a potential positive outlook in the absence of direct accusations.