Adani Green Energy Limited has issued a regulatory clarification to stock exchanges regarding recent media reports about SEC proceedings involving its directors, emphasizing that the company remains unaffected by the ongoing legal matters.

SEC Application for Service of Summons

The company disclosed that on January 21, 2026 (New York time) / January 22, 2026 (India time), the United States Securities and Exchange Commission made an application for alternate means of service of summons and complaint upon directors Gautam Adani and Sagar Adani. This development relates to a civil complaint filed by the SEC in the United States District Court for the Eastern District of New York.

Company's Position on Legal Proceedings

Adani Green Energy Limited clarified its position regarding the SEC proceedings, stating that the company is not a party to these proceedings and no charges have been brought against it. The clarification was issued in response to a media report titled 'SEC seeks fresh pathway to advance in stalled Adani fraud case' published on January 23, 2026.

The company specifically emphasized that the defendants have not been charged with violations of the United States Foreign Corrupt Practices Act, meaning there are no charges of bribery or corruption against the directors. The SEC proceedings are civil in nature rather than criminal.

Business Operations Remain Unaffected

The renewable energy company stated that the media reports and ongoing SEC proceedings do not have any adverse impact on its business or operations. This clarification was provided under Regulation 30(11) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Previous Disclosures and Regulatory Compliance

Adani Green Energy Limited referenced its previous intimations to stock exchanges dated November 21, 2024 and November 27, 2024, which had disclosed initial information about the SEC proceedings. The latest clarification, signed by Company Secretary Pragnesh Darji on January 23, 2026, was filed with both BSE Limited and the National Stock Exchange of India Limited to ensure regulatory compliance and transparency with stakeholders.

Adani Green Energy Limited has reported a consolidated net loss of ₹410 million for the third quarter, marking a significant shift from profitability compared to the same period in the previous year. The renewable energy company's latest financial results show a dramatic change in performance trajectory.

Financial Performance Overview

The company's third-quarter results demonstrate a substantial year-over-year decline in financial performance. The following table summarizes the key financial metrics:

Year-over-Year Comparison

The contrast between the current quarter's performance and the previous year's results is particularly striking. In the corresponding quarter of the previous year, Adani Green Energy had achieved a consolidated net profit of ₹4.92 billion, demonstrating the company's previous strong financial position.

Current Quarter Results

For the third quarter under review, the company posted a consolidated net loss of ₹410 million. This represents a complete reversal from the profitable position the company held in the same quarter of the previous fiscal year. The shift from a multi-billion rupee profit to a loss position indicates significant changes in the company's operational and financial dynamics.

Financial Impact Analysis

The magnitude of the year-over-year change represents a substantial shift in the company's financial trajectory. The movement from a ₹4.92 billion profit to a ₹410 million loss reflects the various challenges and factors affecting the renewable energy sector and the company's specific operations during this period.