Adani Energy Solutions Approves Qualified Institution Placement

Adani Energy Solutions Ltd has announced the approval of a Qualified Institution Placement (QIP) for equity shares. The QIP committee approved opening the issue on July 27, 2026, with a floor price of ₹1,698.15 per equity share. This move is based on SEBI ICDR Regulations and follows board and member approvals. The company has appointed SBI Capital Markets, ICICI Securities, IIFL Capital Services, and Jefferies India as book running lead managers. A preliminary placement document has been adopted and will be filed with stock exchanges. The issue price will be determined in consultation with the book running lead managers.