Adani Energy Solutions shareholders approve related party transactions

Adani Energy Solutions Limited successfully passed two ordinary resolutions through a postal ballot, with 100% of polled votes cast in favor. The resolutions concerned material modifications to related party transactions involving Powerpulse Trading Solutions Limited (formerly Adani Energy Solutions Step-Thirteen Limited), a wholly-owned subsidiary, with Adani Power Limited and Mahan Energen Limited, respectively.

The e-voting period for the postal ballot commenced on November 8, 2025, and concluded on December 7, 2025. A total of 283,814,096 votes were polled for Resolution 1, with 283,809,998 votes (99.9986%) in favor and 4,098 votes (0.0014%) against. Similarly, for Resolution 2, 283,813,178 votes were polled, with 283,809,092 votes (99.9986%) in favor and 4,086 votes (0.0014%) against.

The company engaged Mr. Chirag Shah, practicing company secretary, as the scrutinizer for the postal ballot process. The results confirm the approval of the resolutions as ordinary resolutions with the requisite majority, as detailed in the Postal Ballot Notice dated October 27, 2025.