GeeCee Ventures Acquires ₹25.18 Crore Stake in Adani Green Energy
GeeCee Ventures Limited invested ₹25.18 crores to acquire 2,57,800 equity shares of Adani Green Energy Limited through open market purchase, representing 0.0015% shareholding. AGEL, India's largest renewable independent power producer, operates 14,243 MW capacity across 12 states and reported ₹19,613 crores turnover in FY 2024-25. The strategic investment forms part of GeeCee Ventures' diversified investment portfolio activities.
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GeeCee Ventures Limited has announced a significant investment of ₹25.18 crores in Adani Green Energy Limited (AGEL), acquiring 2,57,800 equity shares through open market purchase. The transaction, completed on December 11, 2025, represents the company's strategic expansion into renewable energy investments as part of its broader investment portfolio activities.
Investment Details
The acquisition provides GeeCee Ventures with a 0.0015% shareholding in AGEL's paid-up capital. The investment was made at market price through open market purchase, with the shares deemed to be allotted on December 11, 2025. This investment exceeds the threshold specified in Regulation 30(4)(i)(c) of SEBI (LODR) Regulations 2015, necessitating regulatory disclosure.
| Investment Parameter: | Details |
|---|---|
| Investment Amount: | ₹25.18 crores |
| Shares Acquired: | 2,57,800 equity shares |
| Shareholding Percentage: | 0.0015% of paid-up capital |
| Transaction Method: | Open market purchase |
| Completion Date: | December 11, 2025 |
About Adani Green Energy Limited
AGEL, incorporated on January 23, 2015, and headquartered in Ahmedabad, stands as India's largest and fastest-growing pure-play renewable independent power producer. The company develops, owns and operates utility-scale grid-connected solar, wind and hybrid renewable energy plants, while also developing energy storage systems using hydro-pumped storage projects and battery energy storage technologies.
Financial Performance
AGEL has demonstrated robust financial growth over the past three years, with its revenue showing consistent upward trajectory:
| Financial Year: | Turnover (₹ Crores) |
|---|---|
| 2024-25: | ₹19,613 |
| 2023-24: | ₹12,001 |
| 2022-23: | ₹7,629 |
| Profit After Tax (FY 2024-25): | ₹654 crores |
Operational Capacity and Presence
As of March 31, 2025, AGEL's portfolio comprised 14,243 MW of operational renewable energy capacity distributed across 12 resource-rich states of India. The company maintains its presence across India, Middle East and Africa, positioning itself as a significant player in the global renewable energy sector.
| Company Details: | Specifications |
|---|---|
| Authorised Capital: | ₹2,500 crores |
| Paid-Up Capital: | ₹1,647.18 crores |
| Operational Capacity: | 14,243 MW |
| Geographic Presence: | 12 Indian states |
| International Presence: | Middle East and Africa |
Strategic Investment Rationale
GeeCee Ventures has positioned this acquisition as part of its investment activity, describing it as a miniscule part of the company's investment portfolio. The investment aligns with the growing focus on renewable energy sector investments, particularly given AGEL's leadership position in India's renewable energy landscape.
The transaction does not fall within related party transactions, and no governmental or regulatory approvals were required for the acquisition. The investment was funded through cash consideration, reflecting GeeCee Ventures' commitment to diversifying its investment portfolio across high-growth sectors.
Historical Stock Returns for GeeCee Ventures
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.37% | -2.85% | -3.04% | -12.05% | -21.10% | +323.97% |
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