Adani Power Limited will conduct its 30th Annual General Meeting (AGM) on Thursday, June 25, 2026, at 2.30 p.m. IST via video conferencing and other audio visual means. The meeting is being held pursuant to applicable provisions of the Companies Act, 2013, read with MCA General Circular No. 03/2025 dated September 22, 2025, and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024.

The company will provide an electronic copy of the Notice convening the 30th AGM and the Integrated Annual Report for the Financial Year 2025-26 to members whose email addresses are registered with the company or depository participant. Members who have not registered their email addresses are requested to do so with their respective depository participants at the earliest.

For the limited purpose of receiving the Notice of the 30th AGM and the Integrated Annual Report for FY 2025-26, members can contact the company's Registrar and Share Transfer Agent, M/s. KFin Technologies Limited. The facility to exercise voting rights by electronic means will be provided, with detailed instructions for joining the meeting and the e-voting process included in the notice.

The Notice and the Integrated Annual Report will also be available on the company's website at www.adanipower.com and on the websites of BSE and NSE in due course. The company submitted copies of the newspaper advertisements published in Indian Express and Jai Hind on May 28, 2026, to the stock exchanges in compliance with regulatory requirements.

Adani Power Limited has consummated the acquisition of power assets and investments from Jaiprakash Associates Limited (JAL). The transactions were completed on May 21, 2026, pursuant to definitive agreements signed earlier and the Approved Resolution Plan submitted by Adani Enterprises Limited. The National Company Law Tribunal (NCLT), Allahabad bench, had previously granted the necessary regulatory clearance for this plan on March 17, 2026, which was upheld by the National Company Law Appellate Tribunal on May 04, 2026.

Acquisition Details

The completion involves two primary transactions executed under the Share Purchase Agreement (SPA) and Business Transfer Agreement (BTA). Adani Power has acquired a 24% shareholding in Jaiprakash Power Ventures Limited (JPVL), a listed entity. Additionally, the company has purchased the 180 MW thermal power plant of JAL located in Churk, along with other related assets, which includes an 11.49% shareholding in Prayagraj Power Generation Company Limited. The Competition Commission of India had approved the acquisition on August 26, 2025.

Financial Considerations

The total cost of these acquisitions amounts to ₹4,193.59 crore, payable in cash. The consideration is divided between the two assets being acquired, as detailed below:

Target Entity Profile

Jaiprakash Power Ventures Limited (JPVL) is primarily engaged in thermal and hydro power generation, with additional operations in coal mining, sand mining, and cement grinding. The entity currently owns and operates three power plants with an aggregate capacity of 2,220 MW, a 2 MTPA cement grinding unit, and a 3.92 MTPA coal mine. JPVL was incorporated on December 21, 1994, and operates solely in India. The table below presents JPVL's recent turnover performance: