Adani Power Limited has announced the scheduling of its earnings conference call for the third quarter of fiscal year 2026, set to take place on January 29, 2026. The company informed both BSE Limited and National Stock Exchange of India Limited about this development through a formal communication dated January 21, 2026.

Conference Call Details

The earnings conference call has been organized specifically for research analysts and institutional investors to discuss the company's financial performance for the quarter ended December 31, 2025. The key details of the upcoming conference call are:

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) listing regulations. Adani Power Limited communicated this information to both major stock exchanges where its shares are listed:

• BSE Limited: Scrip Code 533096
• National Stock Exchange of India Limited: Scrip Code ADANIPOWER

Previous Communication

This detailed announcement serves as a follow-up to the company's earlier intimation dated January 7, 2026, which initially informed stakeholders about the planned earnings conference call. The current communication provides specific details and scheduling information for the event.

Company Information

The communication was signed by Deepak S Pandya, Company Secretary of Adani Power Limited, and digitally authenticated on January 21, 2026. Adani Power Limited operates from its registered office at Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad-382421, Gujarat, with Corporate Identification Number L40100GJ1996PLC030533.

The earnings conference call represents part of Adani Power Limited's regular quarterly financial disclosure process, providing transparency and direct communication with the investment community regarding its operational and financial performance.

Adani Power is preparing to raise approximately ₹7,500 crore from institutional investors through the issuance of non-convertible debentures (NCDs), according to sources familiar with the matter. The thermal power giant is entering the bond market during a period of robust investor appetite for corporate bonds.

Fundraising Structure and Timeline

The bond issuance is scheduled to launch within the next three to four days, offering investors multiple tenor options to suit varying investment preferences.

Company Operations and Asset Base

Adani Power serves as the holding company for the Adani Group's coal-fired thermal assets, maintaining a substantial operational footprint across India. The company operates 18.14 gigawatts of thermal capacity alongside a 40-megawatt solar plant on a consolidated basis.

The company's projects span multiple states including Gujarat, Maharashtra, Rajasthan, Karnataka, Chhattisgarh, Jharkhand, Tamil Nadu, and Madhya Pradesh, providing geographical diversification that helps mitigate operational risks.

Financial Performance and Leverage Profile

Adani Power maintains a strong financial position with favorable leverage metrics compared to industry peers.

The company has outlined ambitious expansion plans to increase total generation capacity to approximately 42 gigawatts by fiscal 2032, representing significant growth from the current 18 gigawatts.

Adani Group's Debt Market Activity

This proposed bond sale continues the Adani Group's active participation in debt markets over recent months. The group has successfully raised ₹14,000-15,000 crore across five companies during the past 15 months, taking advantage of favorable market conditions and consistent institutional investor demand.

Notable recent issuances include:

• Adani Enterprises: ₹2,000 crore through two public NCD issues
• Adani Ports and Special Economic Zone: ₹5,000 crore via 15-year AAA-rated NCDs at 7.75% coupon, fully subscribed by Life Insurance Corporation of India
• ATSTL (Adani Transmission subsidiary): ₹995 crore through 17-year bonds from investors including Nippon Life India Mutual Fund and India Infrastructure Finance

The fundraising reflects the group's strategy to optimize capital structure while capitalizing on favorable debt market conditions and strong institutional investor appetite for quality corporate bonds.