Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Adani Energy Solutions Ltd ( (IN:ADANIENSOL) ) has provided an announcement.
Adani Energy Solutions Ltd has informed stock exchanges that recent media reports about a US regulator seeking measures to serve legal summons on Gautam Adani and Sagar Adani do not involve the company itself. In its clarification to BSE and NSE, the company reiterated an earlier response from November 2024, stating that no allegations have been made against Adani Energy Solutions and it is not a party to the referenced proceedings, adding that the report does not trigger any disclosure requirements under SEBI’s Listing Regulations, thereby aiming to reassure investors and other stakeholders about the absence of direct regulatory or legal exposure for the listed entity in this matter.
More about Adani Energy Solutions Ltd
Adani Energy Solutions Ltd is part of the Adani Group and operates in India’s power and energy infrastructure sector, focusing on electricity transmission and related network solutions. The company develops, owns and operates transmission assets that support the country’s power grid and energy distribution, serving utilities, industrial users and broader infrastructure needs across key regions.
Average Trading Volume: 64,240
Technical Sentiment Signal: Sell
Current Market Cap: 1063.4B INR
See more data about ADANIENSOL stock on TipRanks’ Stock Analysis page.