Adani Power Limited announced that all nine resolutions proposed at its 30th Annual General Meeting (AGM) held on June 25, 2026, were passed with the requisite majority. The meeting, conducted via video conferencing, saw the adoption of audited financial statements for the financial year ended March 31, 2026, and the re-appointment of key directors including Mr. Gautam S. Adani and Mr. Anil Sardana.

Voting Results Summary

The detailed voting results, submitted pursuant to Regulation 44(3) of the SEBI LODR Regulations, indicated strong shareholder approval across all items. The resolutions included the adoption of standalone and consolidated financial statements, confirmation of dividend payment on preference shares, and the ratification of cost auditor remuneration. Shareholders also approved material related party transactions involving Powerpulse Trading Solutions Limited and Mahan Energen Limited.

Key Resolutions and Outcomes

Mr. Gautam S. Adani was re-appointed as a Director, while Mr. Anil Sardana was re-appointed as the Managing Director for a period of one year effective July 11, 2026. The resolution regarding Mr. Sardana's appointment was a Special Resolution and received 97.34% of the valid votes cast. The dividend on Compulsorily Redeemable Preference Shares was confirmed at 0.01% for the financial year 2025-26.

Participation Details

A total of 114 shareholders participated through the video conferencing facility, comprising 8 from the Promoters and Promoter Group and 106 from the Public category. The remote e-voting facility was available from June 21, 2026, to June 24, 2026. The total number of shareholders on the record date, June 18, 2026, stood at 21,67,958.

Adani Power announced on June 25, 2026, that its wholly-owned subsidiary, Adani Atomic Energy Limited, has incorporated a new step-down subsidiary named Progressive-UP Atomic Energy Limited. The new entity has been established to operate within the nuclear energy sector, specifically to generate, transmit, and distribute power derived from nuclear and atomic sources. This expansion marks the group's entry into the nuclear power business through a dedicated subsidiary structure.

Progressive-UP Atomic Energy Limited was incorporated in India on June 25, 2026. The company is wholly owned by Adani Atomic Energy Limited, which itself is a wholly-owned subsidiary of Adani Power. The incorporation was conducted via a cash consideration, with no governmental or regulatory approvals required for the initial setup.

The financial structure of the newly formed entity includes an authorized capital of ₹5,00,000, divided into 50,000 equity shares with a face value of ₹10 each. Adani Atomic Energy Limited holds 100% of the shareholding in Progressive-UP Atomic Energy Limited, maintaining full control over the new venture.

Details of Progressive-UP Atomic Energy Limited

The key particulars of the newly incorporated entity are outlined below:

The filing was submitted to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The disclosure was made by Puneet Bansal, Company Secretary of Adani Power Limited.