Adani Green Energy Limited — Others, 28-04-2025: Statement of deviation(s) or variation(s) under Reg. 32

Adani Green Energy Limited confirms that for the quarter ended March 31, 2025, there was no deviation in the utilization of proceeds from the issuance of Convertible Warrants, which raised ₹9,350 Crores. The company received ₹2,337.52 Crores, constituting 25% of the total amount, by January 25, 2024, and has utilized these funds primarily for debt repayment and renewable project investments. The Audit Committee and auditors reported no comments, indicating strong oversight. This stability may foster a positive outlook among investors, reflecting confidence in the company’s financial discipline and strategic focus.