At that time, Ardour had subscribed to 6,31,43,677 convertible warrants by paying 25% upfront. The remaining 75% per warrant has now been paid for the 1.08 crore warrants being converted.
Also Read: Adani Green Energy’s subsidiaries commissions 480.1 MW power projects in GujaratFollowing the allotment, Adani Green’s issued, subscribed, and paid-up equity share capital has increased from ₹1,624.71 crore to ₹1,635.60 crore. The promoter group’s shareholding has gone up from 61.91% to 62.17%.
Adani Green stated that Ardour still holds 1,15,76,193 warrants, which can be converted by July 24, 2025, within the SEBI-mandated 18-month window. The newly allotted shares will rank pari passu with the existing equity shares in all respects, including dividend rights and voting power.Adani Green Energy’s net profit surged more than 53% for the quarter ending March 31, 2025, reaching ₹230 crore, up from ₹150 crore in the same period the previous year. Adani Green’s strong financial performance comes on the back of continued expansion and enhanced operational efficiency.
Also Read: Adani Green Energy shares gain after FY25 operational capacity increases 30%
Adani Green’s revenue for the quarter grew by 20.8% year-on-year, amounting to ₹3,053 crore, compared to ₹2,527 crore in Q4 FY2024, driven by the Adani Group firm’s expanding renewable energy portfolio and the addition of new projects.
Adani Green Energy’s Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) also saw a healthy rise of 30% YoY, amounting to ₹2,382 crore, up from ₹1,834 crore in the corresponding quarter of the previous year. The company’s EBITDA margin improved to 78%, up from 72.6%.
Shares of Adani Green Energy Limited ended at ₹994.60, down by ₹1.00, or 0.10%, on the BSE.
Also Read: Adani Green shares slip amid report of Sri Lanka revoking power deal; company issues clarification
