Adani Enterprises Limited concluded its 34th Annual General Meeting (AGM) on June 24, 2026, with all 12 resolutions receiving the requisite majority. The meeting, conducted via video conferencing, saw the adoption of financial statements for FY26, declaration of dividend, and approval for capital raising and related party transactions. The voting results were submitted to BSE Limited and the National Stock Exchange of India Limited in accordance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Participation and Voting

The remote e-voting facility was available from June 20, 2026, to June 23, 2026. Shareholders holding shares as of the cut-off date of June 17, 2026, were eligible to vote. The votes were unblocked on June 24, 2026, at around 11:45 a.m. in the presence of two witnesses, Ms. Neha Soni and Ms. Nidhi Patel. Central Depository Services (India) Limited (CDSL) acted as the e-voting agency, while Chirag Shah & Associates served as the scrutinizer.

Resolution Outcomes

All resolutions were passed with strong shareholder support. The special resolution for raising capital through equity shares and/or other eligible securities received 100.00% approval. The dividend declaration for FY 2025-26 was approved with 99.95% votes in favour. The re-appointment of Dr. Vinay Prakash as Director was passed with 99.68% votes in favour.

Related Party Transactions

Resolutions 7 through 12 concerned material related party transactions for FY 2026-27. The promoter and promoter group, classified as interested parties, did not vote on these resolutions. These transactions involved entities such as Adani Infra (India) Limited, AdaniConnex Private Limited, and Parsa Kente Collieries Limited, among others.

Adani Ports & SEZ has set an ambitious revenue target of Rs 915b and an EBITDA target of Rs 520b by FY31, adding a concrete financial milestone to the broader expansion strategy outlined by Adani Group Chairman Gautam Adani at the company's Annual General Meeting (AGM). The AGM also featured wide-ranging announcements spanning data centers, nuclear power, port logistics, and gas infrastructure.

Adani Ports Financial Targets

Adani Ports has outlined the following financial goals for FY31:

Data Center and Power Expansion

At the AGM, Chairman Gautam Adani stated that the group is on track to build a 3GW data center platform by 2030, marking a significant push into digital infrastructure and reflecting growing demand for large-scale data center capacity in India. On the energy front, the group has set a target of 45GW of total power capacity over the next five years, backed by a capital expenditure of Rs 2t for the power sector. Chairman Adani also reaffirmed the group's target of 10GW of nuclear power capacity by 2035, extending its energy ambitions beyond conventional and renewable sources into the nuclear segment.

Power Sector Investment Highlights

The key parameters of the group's power sector initiatives are outlined below:

Port and Gas Infrastructure Expansion

Beyond power and digital infrastructure, the AGM announcements covered other major infrastructure verticals. The group has set a target to reach 1 billion tons of port cargo by 2030, signaling a major scale-up in its logistics and maritime operations. Additionally, Chairman Adani highlighted that given the current geopolitical situation, the group is ramping up piped natural gas (PNG) projects to meet India's rising demand for more accessible gas.

Key Announcements Summary

The following table summarizes the major targets announced at the AGM:

The financial targets for Adani Ports, combined with the capital deployment of Rs 2t and the wide-ranging goals articulated by Chairman Gautam Adani at the AGM, collectively underscore the group's stated commitment to scaling port logistics, data center infrastructure, energy generation, and gas distribution across India.