On September 24, 2025, SBICAP Trustee Company Limited, acting as a Security Trustee, updated its pledge of shares in Adani Power Limited. Post-acquisition, the total shares encumbered with the acquirer reached 26,15,00,000, representing 6.78% of the total share/voting capital. The pledge was executed on September 22, 2025.
Details of Share Pledge
SBICAP Trustee Company Limited announced an update regarding the pledge of shares of Adani Power Limited. This announcement, dated September 24, 2025, provides information on the shares pledged as of September 22, 2025.
Pre-Acquisition Holding
Before the current acquisition, SBICAP Trustee Company Limited held 5,23,00,000 shares of Adani Power Limited under encumbrance. This represented 1.36% of the total share/voting capital.
Acquisition and Post-Acquisition Holding
Following the acquisition, the number of shares encumbered/invoked/released by the acquirer increased by 20,92,00,000 shares. As a result, the total number of shares encumbered with the acquirer after the acquisition reached 26,15,00,000, which is equivalent to 6.78% of the total share/voting capital. The date of the pledge is September 22, 2025.
Impact on Share Capital
The equity share capital/total voting capital of Adani Power Limited remains consistent before and after the acquisition, standing at 3,85,69,38,941 equity shares of Rs.2/- each. Diluted share/voting capital is also consistent at the same figure.
Source: BSE
