Adani Green Energy Share Price Surges 2% on 1.08 Crore Shares Allotment to Promoter Group Ardour

Adani Green Energy Limited (AGEL) has issued 1,08,82,671 equity shares to Ardour Investment Holding Ltd following its exercise of outstanding warrants. The conversion reflects an orderly capital infusion managed under SEBI regulations and marks an important step in the company’s capital structuring.

Allotment Details and Financial Impact 

Out of 2,24,58,864 warrants allotted earlier to Ardour (on 25 January 2024, via preferential issuance at ₹1,480.75 per warrant), the investor has now opted to convert 1,08,82,671 warrants into shares. 

This allotment was approved by the Board on 12 July 2025. Each share has a face value of ₹10, issued at a premium of ₹ 1,470.75, requiring Ardour to pay the balance of ₹1,110.56 per warrant. The total raised through this tranche amounts to approximately ₹1,208.59 crore. The newly issued shares will rank pari passu with existing equity shares in all respects, including voting rights and dividends.

Promoter Group’s Share Grows with Scope for More 

Following the conversion, Adani Green’s total paid-up share capital rose from ₹1,624.71 crore (162,47,17,291 shares) to ₹1,635.60 crore (163,55,99,962 shares). The promoter and promoter group’s shareholding increased from 61.91% (100,59,37,772 shares) to 62.17% (101,68,20,443 shares). Ardour retains the right to convert the remaining 1,15,76,193 warrants by 24 July 2025, within SEBI’s 18-month regulatory window under ICDR norms.

Adani Green Energy Q4FY25 Results 

Adani Green Energy reported financial performance for the quarter ending March 31, 2025, with net profit soaring over 53% to ₹230 crore from ₹150 crore in the same period last year, supported by continued expansion and improved operational efficiency. 

The company's revenue also witnessed a strong 20.8% year-on-year growth, reaching ₹3,053 crore compared to ₹2,527 crore in Q4 FY2024, driven by the steady expansion of its renewable energy portfolio and the commissioning of new projects.

Also Read: Adani Group Units in Advanced Talks with MUFG for $250 Million Offshore Loans!

Adani Green Energy Stock Price Performance

As of July 14, 2025, at 2:15 PM, Adani Green Energy share price is trading at ₹1,081.20 per share, a 2.31% increase. Over the past month, the stock has gained about 3.03%.

Conclusion

Adani Green’s latest warrant conversion brings in substantial funds while modestly consolidating promoter control, an orderly move under regulatory norms. With remaining warrants convertible by late July and the company advancing its renewables portfolio, the capital boost arrives at a pivotal time. As AGEL scales operations further, this capital infusion may support its ambitious expansion and operational stability in India’s green energy transition.

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