Several entities associated with the Adani promoter group have reported substantial share transactions in Adani Power Limited (APL). These transactions, including market purchases and a block deal, were executed between August 2024 and August 2026. The disclosures, made under SEBI regulations, detail acquisitions and a sale totaling over 12 crore equity shares, impacting the total shareholding of the acquirers and PACs.
Significant Shareholder Activity in Adani Power
Adani Power Limited (APL) has been the subject of significant share transaction disclosures by various entities connected to its promoter group. These filings, made under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, highlight a series of market purchases and a notable block deal involving substantial equity stakes in APL. The reported transactions span from August 2024 to August 2026.
Key Transactions and Acquirers
The disclosed transactions involve multiple parties, including individual promoters and corporate entities. Notable acquisitions include:
- Market purchases of 10 equity shares each by Mr. Pranav Vinod Adani, Mr. Karan Gautam Adani, Mr. Jeet Gautam Adani, and Mr. Sagar Rajesh Adani on specific dates in May and June 2026.
- A significant market purchase of 10,80,27,500 equity shares (0.56%) by Adani Tradeline Private Limited between August 07, 2024, and August 12, 2024.
- Market purchases totaling 20,50,00,000 equity shares (1.06%) by Ardour Investment Holding Ltd from August 13, 2024, to August 21, 2024.
- Market purchases of 2,73,82,500 equity shares (0.14%) by Hibiscus Trade and Investment Ltd between August 07, 2024, and August 08, 2024.
- A market purchase of 12,48,00,000 equity shares (0.65%) through a block deal by Adani Infra (India) Limited on August 04, 2026.
Additionally, Ardour Investment Holding Ltd also reported a market sell of 12,48,00,000 equity shares (0.65%) through a block deal on August 04, 2026.
Impact on Shareholding
These transactions have collectively impacted the shareholding patterns of the involved entities. Before the acquisition/sell considerations, the acquirers and Persons Acting in Concert (PACs) held 73.19% of the total share capital. Following these transactions, their aggregate holding has increased to 74.96%. The total number of equity shares held by these entities, including shares carrying voting rights, stands at 14,45,56,26,875.
The equity share capital of Adani Power Limited remained constant at ₹38,56,93,89,410, represented by 19,28,46,94,705 equity shares of face value ₹2 each, both before and after the reported transactions.
Source: BSE
