In January 2024, Adani group company announced to fully backstop the Holdco Notes through a fully funded redemption reserve account maintained eight months prior to the redemption date
This agreement signifies the completion of AGEL's power procurement arrangements for the entire 8,000 MW manufacturing-linked solar tender awarded by SECI in June 2020.
Between Mar and Sept 2023, only ATGL and AESL added 2,79,021 new subscribers, while AEL, Adani Ports, Adani Green, and Adani Power lost cumulatively 7,28,084 retail shareholders.
The International Development Finance Corporation (DFC), reportedly termed Hindenburg's allegations against the Gautam Adani-led ports-to-energy conglomerate as 'irrelevant.'
LIC ups its stake in Adani Green Energy, Adani Total Gas, Adani Enterprises, and Adani Transmission, but cuts stake in Ambuja Cements, ACC, and Adani Ports & SEZ