ADANI POWER LTD. - 533096 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Adani Power has submitted ''Annual Secretarial Compliance Report'' for the year ended March 31, 202330-05-2023
30-05-2023
Adani Power to contest RoC penalty order on related party transactions
The RoC had in an order issued on 16 May imposed penalty on three senior executives of Adani Power including chairman Gautam Adani22-05-2023
ADANI POWER LTD. - 533096 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Adani Power Limited has submitted to the exchange, newspaper extract of the Audited Consolidated Financial Results of the Company for the quarter and financial year ended March 31, 2023, approved by the Board of Directors at its meeting held on May 5, 2023 and published in Indian Express (English Daily) and Jai Hind (Gujarati Daily) on May 7, 2023.08-05-2023
Q4FY23 Quarterly & FY23 Annual Result Announced for Adani Power Ltd.
Electric utilities company Adani Power announced Q4FY23 & FY23 results: Consolidated Q4FY23: Total revenue for Q4FY23 at Rs 10,795 crore vs Rs 13,308 crore in Q4FY22; mainly due to lower prior period revenue recognition EBITDA for Q4FY23 at Rs 2,461 crore vs Rs 7,942 crore in Q4FY22; mainly due to lower prior period revenue recognition and higher fuel cost PAT for Q4FY23 grows to Rs 5,242 crore vs Rs 4,645 crore for Q4FY22 on account of lower finance costs as well as certain reversals consequent to the Scheme of Amalgamation becoming effective Consolidated FY23: Total revenue higher by 35.8% at Rs 43,041 crore in FY23 vs Rs 31,686 crore in FY22; mainly due to improved tariff realisation, high import coal price, and higher one-time revenue recognition on account of regulatory claims EBITDA for FY23 higher at Rs 14,312 crore vs Rs 13,789 crore in FY22; mainly due to higher tariff realisation and one-time revenue recognition, offset mainly by higher fuel cost. PAT for FY23 was higher by 118.4% at Rs 10,727 crore vs Rs 4,912 crore for FY22; due to higher EBITDA, lower finance cost on account of debt prepayment, as well as certain reversals consequent to the Scheme of Amalgamation becoming effective Commenting on the quarterly results of the company, Gautam Adani, Chairman, Adani Group, said, “India’s growing demand for world-class infrastructure facilities is acting as the springboard for the next phase of its economic growth. As the nation’s foremost infrastructure conglomerate, Adani Group is fully committed to meeting it in a sustainable and dependable manner. Reliable and scalable baseload power is fundamental to its economic sustenance, which Adani Power is best placed to supplement along with the Group’s diversified presence across the energy value chain of renewable and conventional generation, transmission, and distribution.” S B Khyalia, CEO, Adani Power, said, "The indefatigable spirit that drives the Adani Group has been aptly demonstrated by Adani Power Limited by surmounting challenges through perseverance, dedication, and strong belief in fundamental values. The company now enters the next stage of its corporate journey with a healthy balance sheet, a modern and efficient fleet, and a revitalized holding structure. The culmination of long-deliberated regulatory matters has helped evolve and refine the principles that will enable the power sector to grow profitably and equitably. We have also started a new chapter in cross-border cooperation with the commissioning of the first 800 MW unit of the Godda Ultra-supercritical thermal power project, which will provide Bangladesh with a reliable source of electricity, and help it achieve its long-term economic goals.”08-05-2023
Adani Power Q4 net grows marginally on sharp jump in costs
Re-appoints Anil Sardana as Managing Director for three years06-05-2023
ADANI POWER LTD. - 533096 - Disclosure Of Related Party Transactions For The Half Year Ended On March 31, 2023
Adani Power Limited has submitted to the exchange ''Related Party Transactions'' for the half year ended March 31, 202306-05-2023
ADANI POWER LTD. - 533096 - Results- Financial Results For March 31, 2023
Adani Power Limited has submitted Audited Financial Results for the period ended March 31, 202305-05-2023
ADANI POWER LTD. - 533096 - Board Meeting Intimation for Consideration And Approval Of The Audited Financial Results Of The Company For The Quarter And Year Ended March 31, 2023
ADANI POWER LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/05/2023 ,inter alia, to consider and approve the Audited Financial Results for the quarter and year ended March 31, 202329-04-2023
ADANI POWER LTD. - 533096 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyADANI POWER LTD. 2CIN NO.L40100GJ1996PLC030533 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 32803.23 4Highest Credit Rating during the previous FY A+ 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)INDIA RATINGS AND RESEARCH PVT. LTD. 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: Mr Deepak Pandya Designation: Company Secretary EmailId: [email protected] Name of the Chief Financial Officer: Mr Shailesh Sawa Designation: Chief Financial Officer EmailId: [email protected] Date: 29/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.29-04-2023