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Adani Green Energy Schedules EGM to Discuss Key Transactions

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Adani Green Energy Schedules EGM to Discuss Key Transactions

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Adani Green Energy Limited ( (IN:ADANIGREEN) ) has provided an announcement.

Adani Green Energy Limited has announced an Extraordinary General Meeting (EGM) scheduled for May 23, 2025, to discuss and approve material related party transactions with its subsidiary, Adani Renewable Energy Fifty Six Limited. This meeting will be conducted via video conferencing, allowing shareholders to vote electronically. The transactions, which may exceed regulatory thresholds, are intended to be conducted at arm’s length and in the ordinary course of business, potentially impacting the company’s operational dynamics and stakeholder interests.

More about Adani Green Energy Limited

Adani Green Energy Limited operates in the renewable energy sector, focusing on the development, construction, and operation of solar and wind energy projects. The company is part of the Adani Group, a leading Indian conglomerate with a significant presence in energy, resources, logistics, agribusiness, real estate, financial services, and defense sectors.

YTD Price Performance: -10.17%

Average Trading Volume: 361,215

Current Market Cap: 1489.3B INR

Learn more about ADANIGREEN stock on TipRanks’ Stock Analysis page.

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