Adani Power has scheduled an in-person site visit to its Raipur Power Plant for Friday, August 21, 2026. The event, commencing at 10:00 am, is designed for a group of analysts and investors to interact with company management.

The intimation was issued on August 17, 2026, by Dilip Kumar Jha, Chief Financial Officer of Adani Power Limited. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Event details

The company noted that the date is subject to change due to exigencies on its part. Investors and analysts are requested to take the schedule on record.

Adani Power shareholders have approved a series of strategic financial resolutions aimed at enhancing the company's capital structure flexibility. The Extra-Ordinary General Meeting (EGM), conducted via Video Conferencing/Other Audio Visual Means (OAVM) on August 14, 2026, saw members pass four special resolutions concerning borrowing limits, asset mortgages, loan conversions, and equity fundraising.

The most significant approval allows the company to increase its borrowing limits under Section 180(1)(c) of the Companies Act, 2013. The aggregate borrowings can now exceed the sum of paid-up capital, free reserves, and share premium by up to ₹100,000 crore. This provision excludes temporary loans obtained from bankers in the ordinary course of business.

Key Resolutions Approved

The EGM addressed critical corporate actions required for future capital deployment:

• Borrowing Limit Increase: Approval for aggregate borrowings exceeding net worth by ₹100,000 crore.
• Asset Mortgage: Creation of mortgages or charges on company properties and undertakings under Section 180(1)(a) of the Companies Act, 2013, within the approved overall borrowing limits.
• Loan-to-Equity Conversion: Permission to convert loans into equity under Section 62(3) of the Companies Act, 2013, subject to the overall borrowing limits.
• Equity Fundraising: Authorization to raise funds up to ₹15,000 crore through the issuance of equity shares with a face value of ₹2 each, or other eligible securities. This may be executed via Qualified Institutional Placement (QIP) or other permissible modes, subject to regulatory approvals.

Meeting Details and Voting

The meeting commenced at 11:00 am and concluded at 11:09 am. Remote e-voting was available to shareholders from August 10, 2026, at 9:00 am until August 13, 2026, at 5:00 pm. Shareholders present via VC/OAVM who had not voted earlier were also provided e-voting facilities during the meeting.

As per the proceedings, there were 22,10,170 shareholders on record as of the cut-off date, August 7, 2026. Attendance included 11 promoter group shareholders and 87 public shareholders attending via video conferencing. No shareholders attended in person or through proxy.

What the Numbers Show

The scale of the approved borrowing limit—₹100,000 crore in excess of net worth—indicates a substantial expansion of the company's leverage capacity. Combined with the ₹15,000 crore equity fundraising mandate, these resolutions provide Adani Power with dual avenues to finance large-scale capital expenditures, likely aligned with its renewable energy transition and capacity expansion goals. The simultaneous approval for loan-to-equity conversion suggests a strategy to optimize the debt-equity mix while maintaining access to debt markets.