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Adani Green Energy informs about outcome of management committee meet

27 Aug 2021 Evaluate

Adani Green Energy has informed that pursuant to the powers delegated to the Management Committee by the Board of Directors of the Company, the Management Committee has, at its meeting held on August 27, 2021, approved the preliminary offering circular (‘OC’) in relation to the proposed issuance of foreign currency denominated notes by the Company. Further, the senior management team of the Company, together with the joint lead managers appointed for the proposed issue of foreign currency denominated bonds (‘Issue’), shall engage in investor calls, virtual meetings and presentations, amongst others, with institutional investors and analysts, outside of India, in relation to the proposed Issue between August 27, 2021 and August 31, 2021. Further, the OC shall be made available to the prospective investors in relation to the contemplated issue of Notes. The Notes will not be offered or sold in India. The OC includes, its unaudited special purpose condensed interim consolidated financial information as of and for the three month period ended June 30, 2021 and its unaudited special purpose condensed interim standalone financial information as of and for the three month period ended June 30, 2021, and are available at the link as attached. Further, a copy of investors’ presentation is also attached. The same is also being uploaded on the website of the Company, www.adanigreenenergy.com The meeting commenced at 6.00 am and concluded at 6.35 am.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
NTPC 330.00
Tata Power 363.30
Adani Power 202.00
Power Grid Corpn. 263.50
Adani Energy Solut. 1346.95
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