Adani Green Energy Limited — QIP/Rights/Pref., 06-05-2025: Allotment of Securities

Adani Green Energy has allotted 37.99 lakh equity shares to Ardour Investment Holding Ltd, a promoter group entity, at Rs 1,480.75 per share, raising Rs 422 Cr. This raised promoter holding from 61.04% to 61.14%. Ardour still holds warrants convertible into about 5.49 crore shares, exercisable by July 2025, indicating potential further promoter capital infusion.