Adani Energy Solutions Limited has announced that Moody's Ratings revised the outlook for two of its key subsidiaries to 'Stable' from 'Negative' while affirming their existing credit ratings. The rating agency took this action on January 16, 2025, as disclosed by the company under regulatory compliance requirements.

Rating Actions for Key Subsidiaries

The outlook revision affects two important operating units of the energy solutions company:

Adani Transmission Step-One Limited operates as a wholly owned subsidiary, while AEML functions as a subsidiary of the parent company. Both entities play crucial roles in the company's power transmission and electricity distribution operations.

Additional Rating Confirmation

Moody's also took action on AEML's Medium Term Note programme, providing stability to the subsidiary's funding mechanisms:

The affirmation of the MTN programme ratings provides AEML with continued access to debt capital markets under stable rating conditions. This rating applies to the subsidiary's senior secured Medium Term Note issuance programme.

Regulatory Disclosure

The company disclosed this information in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The announcement was made to both BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed under scrip codes 539254 and ADANIENSOL respectively.

Company Secretary Jaladhi Shukla signed the regulatory filing, confirming that the rating update information is also available on the company's official website. The disclosure ensures transparency for investors and stakeholders regarding material changes in credit assessments of the company's subsidiaries.

Business Impact

The outlook revision from 'Negative' to 'Stable' indicates an improved credit assessment by Moody's for both subsidiaries. This change suggests that the rating agency views the near-term credit risks for these entities as more balanced compared to the previous negative outlook period. The affirmation of existing Baa3 ratings maintains the investment-grade status for both subsidiaries' senior secured obligations.

Adani Energy Solutions Limited has announced an investor conference call to discuss its Q3FY26 financial results. The call is scheduled for January 23, 2026 at 11:00 AM Indian Standard Time, following the company's earlier board meeting intimation dated January 05, 2026 for unaudited financial results.

Conference Call Details

The results discussion will cover the company's financial performance for the quarter and nine months ended December 31, 2025, along with business outlook. The call will be represented by senior management including CEO Mr. Kandarp Patel, CFO Mr. Kunjal Mehta, and Head of Investor Relations Mr. Vijil Jain.

International Access Options

The company has arranged international toll-free numbers to facilitate global investor participation:

Regulatory Compliance

The announcement has been made in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation has been submitted to both BSE Limited and National Stock Exchange of India Limited, and the details are also available on the company's website at www.adanienergysolutions.com .

Company Information

Adani Energy Solutions Limited, with CIN L40300GJ2013PLC077803, is headquartered at Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad 382 421, Gujarat, India. The company secretary Jaladhi Shukla has digitally signed the regulatory filing dated January 13, 2026.