GeeCee Ventures Limited has received confirmation of share allotment in Adani Enterprises Limited through a rights issue, marking the completion of its strategic investment application. The company was allotted 30,912 partly paid-up equity shares at ₹1,800 per share, with a total acquisition cost of approximately ₹2.78 crores.

Allotment Confirmation Details

Following GeeCee Ventures' application submitted on December 10, 2025, the Rights Issue Committee of Adani Enterprises Limited approved the allotment on December 11, 2025, at 9:28 p.m. The company was formally notified of this allotment on December 12, 2025, at 10:30 a.m.

Payment Structure and Completion

The investment follows a structured payment approach as defined in Adani Enterprises' Letter of Offer. GeeCee Ventures has paid ₹900 per share as application money, with the balance amount payable through two or more separate calls to be made by AEL. The acquisition will be completed upon payment of all call monies through cash consideration.

About Adani Enterprises Limited

Adani Enterprises Limited serves as the flagship company of the Adani Portfolio, focusing on establishing diverse new businesses vital to the nation's resilient growth. The company has demonstrated significant business operations with a strong financial foundation.

Historical Performance and Global Presence

Adani Enterprises has maintained substantial business scale over the past three years, operating in the trading-minerals sector. The company's turnover history reflects its significant market presence:

Incorporated on March 2, 1993, AEL maintains a global presence across India, Australia, Indonesia, Singapore, the Middle East, and parts of Southeast Asia. The company has established a track record of incubating assets critical to India's growth and development.

Investment Rationale and Compliance

GeeCee Ventures has characterized this investment as part of its investment activity, describing it as a miniscule part of its investment portfolio. However, the total cost of investment in AEL equity shares exceeds the threshold specified in Regulation 30(4)(i)(c) of SEBI (LODR) Regulations 2015, necessitating regulatory disclosure. The acquisition does not fall within related party transactions and requires no governmental or regulatory approvals.

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.

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:

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.

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.