Adani Infra buys 1.03% of Adani Green Energy for ₹2,380 crore
Adani Infra acquired 1.03% of Adani Green Energy from fellow promoter entity Ardour Investment Holding for ₹2,380 crore, taking its stake to 2.34%. The internal transfer does not alter the group’s overall promoter ownership in AGEL.
Adani Infra bought a 1.03% stake in Adani Green Energy from promoter entity Ardour for ₹2,380 crore. The internal transfer raises Adani Infra’s holding to 2.34% without changing overall promoter ownership.
Why this matters
The promoter transfer follows Adani Green's Q1 profit growth and renewable capacity exceeding 20 GW, alongside its move to shift a 4 GW portfolio to AESL under long-term supply contracts.
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