AGM Details

The 30th AGM was held on Thursday, June 25, 2026, at 2.30 p.m. through Video Conferencing (VC) / Other Audio Video Means (OAVM).

The cut-off date for determining shareholders entitled to vote was Thursday, June 18, 2026.

The remote e-voting period was open from Sunday, June 21, 2026, at 9:00 a.m. to Wednesday, June 24, 2026, at 5:00 p.m.

Voting Results Summary

All nine resolutions proposed at the AGM were passed with the requisite majority. The detailed breakdown is as follows:

Resolution 1: Ordinary Resolution

Agenda: To receive, consider and adopt the audited standalone financial statement for the financial year ended March 31, 2026, together with the reports of the Board of Directors and Statutory Auditors.

  • Total Votes Polled: 18,000,784,066 shares
  • In Favour: 17,994,744,626 shares (99.92%)
  • Against: 13,662,168 shares (0.08%)
  • Invalid: 468,887 shares

Resolution 2: Ordinary Resolution

Agenda: To receive, consider and adopt the audited consolidated financial statement for the financial year ended March 31, 2026, together with the report of Statutory Auditors.

  • Total Votes Polled: 18,000,840,669 shares
  • In Favour: 18,000,688,4626 shares (99.99%)
  • Against: 15,220,43 shares (0.01%)
  • Invalid: 469,012 shares

Resolution 3: Ordinary Resolution

Agenda: To confirm the payment of dividend @ 0.01% for FY 2025-26, aggregating to ₹4,15,862.07 on the total 41,586,207 Compulsorily Redeemable Preference Shares of ₹100 each.

  • Total Votes Polled: 18,000,887,675 shares
  • In Favour: 18,000,879,1716 shares (99.9995%)
  • Against: 83,950 shares (0.0005%)
  • Invalid: 15 shares

Resolution 4: Ordinary Resolution

Agenda: To appoint Mr. Gautam S. Adani (DIN: 00006273), who retires by rotation, as a Director.

  • Total Votes Polled: 18,000,871,197 shares
  • In Favour: 17,611,211,908 shares (97.79%)
  • Against: 397,555,413 shares (2.21%)
  • Invalid: 108,360 shares

Resolution 5: Special Resolution

Agenda: To re-appoint Mr. Anil Sardana (DIN: 00006867) as the Managing Director for a period of one year w.e.f. July 11, 2026.

  • Total Votes Polled: 18,000,876,794 shares
  • In Favour: 17,529,157,935 shares (97.34%)
  • Against: 479,609,262 shares (2.66%)
  • Invalid: 108,469 shares

Resolution 6: Ordinary Resolution

Agenda: To ratify the remuneration of the Cost Auditors for the financial year ending March 31, 2027.

  • Total Votes Polled: 18,000,872,627 shares
  • In Favour: 18,008,714,475 shares (100.00%)
  • Against: 35,527 shares (0.00%)
  • Invalid: 117,527 shares

Resolution 7: Ordinary Resolution

Agenda: To approve material related party transaction(s) proposed to be entered into by the Company with Powerpulse Trading Solutions Limited (PTSL).

  • Total Votes Polled: 3,553,131,339 shares
  • In Favour: 3,552,990,783 shares (99.996%)
  • Against: 140,556 shares (0.004%)
  • Abstained: 14,455,726,835 shares (Promoter & Promoter Group)

Resolution 8: Ordinary Resolution

Agenda: To approve material related party transaction(s) proposed to be entered into by Mahan Energen Limited (MEL, a subsidiary) with Powerpulse Trading Solutions Limited (PTSL).

  • Total Votes Polled: 3,552,988,573 shares
  • In Favour: 3,552,988,573 shares (100.00%)
  • Against: 142,756 shares (0.00%)
  • Abstained: 14,455,726,835 shares (Promoter & Promoter Group)

Resolution 9: Ordinary Resolution

Agenda: To approve material related party transaction(s) proposed to be entered into by the Company with Mahan Energen Limited (MEL).

  • Total Votes Polled: 3,551,913,906 shares
  • In Favour: 3,519,126,754 shares (99.04%)
  • Against: 33,996,415 shares (0.96%)
  • Abstained: 14,455,744,360 shares

Scrutinizer Appointment and Process

Mr. Chirag Shah, Practicing Company Secretary, was appointed as the Scrutinizer. The e-voting process was managed by Central Depository Services Limited (CDSL). The votes were unblocked on June 25, 2026, at around 04:37 p.m. in the presence of two independent witnesses, Ms. Neha Soni and Ms. Kairavi Shah.

Shareholder Participation

  • Total Shareholders on record date: 216,795
  • Shareholders present at the meeting through VC/OAVM: 114 (8 Promoter & Promoter Group, 106 Public)

Additional Information

The voting details and the Scrutinizer's report have been uploaded on the company's website (www.adanipower.com) and on the CDSL e-voting website (www.evotingindia.com).