GeeCee Ventures Limited has announced its application for a significant investment in Adani Enterprises Limited through a rights issue, marking a strategic move in its investment portfolio activities. The company submitted its application on December 10, 2025, seeking to acquire 34,000 partly paid-up equity shares at ₹1,800 per share.

Investment Details

The investment transaction involves substantial financial commitment from GeeCee Ventures. The company has already remitted ₹3.06 crores as application money on December 10, 2025, at 4:30 p.m. Upon successful allotment and completion of all call payments, the total cost of acquisition will reach approximately ₹6.12 crores.

About Adani Enterprises Limited

Adani Enterprises Limited, the target of this investment, is a prominent listed entity on both BSE and NSE. The company operates in the trading-minerals sector and serves as the flagship company of the Adani Portfolio. AEL has established itself as a key player in incubating assets critical to India's growth and development.

Historical Performance

Adani Enterprises has demonstrated significant business scale over the past three years, though with varying turnover levels. The company's three-year turnover history shows:

The company maintains a global presence across India, Australia, Indonesia, Singapore, the Middle East, and parts of Southeast Asia. Incorporated on March 2, 1993, AEL focuses on establishing diverse new businesses vital to the nation's resilient growth.

Investment Rationale

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 will exceed the threshold specified in Regulation 30(4)(i)(c) of SEBI (LODR) Regulations 2015, if allotted, necessitating regulatory disclosure.

The acquisition will be completed through cash consideration, with the indicative time period for completion being upon allotment and payment of call monies. The company has confirmed that no governmental or regulatory approvals are required for this acquisition, and it does not fall within related party transactions.

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.