Adani Energy Solutions Completes Full Utilization of Rs. 8,373.10 Crore QIP Proceeds in Q4FY26
Published on: April 26, 2026, 3:44 p.m. | Source: scanx.trade
Adani Energy Solutions Limited has completed full utilization of Rs. 8,373.10 crore raised through its QIP during Q4FY26, as confirmed by monitoring agency CARE Ratings Limited. The company implemented a board-approved reallocation, increasing transmission funding to Rs. 2,860.00 crore and reducing smart meter allocation to Rs. 1,000.00 crore. All objectives including debt repayment of Rs. 2,420.00 crore and general corporate purposes of Rs. 2,030.60 crore have been fully deployed within projected timelines.
