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Adani Energy Solutions has executed a binding securities purchase and subscription agreement (�SPSA�) to acquire a 100% equity stake in IntelliSmart Infrastructure, a leading smart metering JV between National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL). The proposed acquisition will strengthen AESL`s position as India`s largest smart metering platform with over 4.7+ crore smart meters. The proposed Rs 3,050 crore transaction includes acquisition of the 100% of the equity share capital of IntelliSmart and redemption of the optionally convertible debentures of IntelliSmart held by NIIF. The transaction closing is subject to regulatory and other customary approvals.IntelliSmart is one of India`s leading owners and operators of smart meter assets, with a total portfolio of 2.2+ crore meters across Uttar Pradesh, Gujarat, Madhya Pradesh, Bihar and Assam. IntelliSmart`s presence across high-growth consumer markets provides a strong runway for future expansion.The acquisition is in line with AESL`s strategy to pursue value-accretive growth through both organic and inorganic opportunities. The acquisition is expected to deliver synergies through economies of scale, optimisation of operations and maintenance costs, and integration with AESL`s broader energy and infrastructure platform.

Adani Energy Solutions has on 9 June 2026 at 12.34 P.M., signed the securities purchase and subscription agreement (SPSA) with National Investment and Infrastructure Fund (NIIF), Energy Efficiency Services and Intellismart Infrastructure for (Intellismart) acquiring 100% of the equity share capital of Intellismart and redemption of the optionally convertible debentures of Intellismart held by NIIF (Transaction).

Adani Energy Solutions announced that the 13th Annual General Meeting(AGM) of the company will be held on 25 June 2026.

Net profit of Adani Energy Solutions rose 5.66% to Rs 683.78 crore in the quarter ended March 2026 as against Rs 647.15 crore during the previous quarter ended March 2025. Sales rose 16.76% to Rs 7443.27 crore in the quarter ended March 2026 as against Rs 6374.58 crore during the previous quarter ended March 2025.For the full year,net profit rose 115.34% to Rs 2282.54 crore in the year ended March 2026 as against Rs 1059.97 crore during the previous year ended March 2025. Sales rose 16.08% to Rs 27588.03 crore in the year ended March 2026 as against Rs 23767.09 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales7443.276374.58 17 27588.0323767.09 16 OPM %28.8232.00 -28.9629.73 - PBDT1417.881435.60 -1 5093.074486.82 14 PBT910.07973.95 -7 3114.842580.87 21 NP683.78647.15 6 2282.541059.97 115 Powered by Capital Market - Live News

Adani Energy Solutions will hold a meeting of the Board of Directors of the Company on 23 April 2026.