Adani Power plans ₹15,000 crore QIP at EGM
pre-market1 source ↓written by the desknot a recommendation
- to seek approval
- 14 Aug 2026
- through a Qualified
- ₹15,000 crore
- YoY
- ₹4,866.60 crore
- borrowing limit
- ₹1,00,000 crore
Adani Power has scheduled an Extraordinary General Meeting (EGM) on 14 Aug 2026 to seek approval for raising up to ₹15,000 crore through a Qualified Institutions Placement (QIP). This move follows a robust Q1 FY27 performance, with net profit rising 47.2% YoY to ₹4,866.60 crore. The company also aims to increase its borrowing limit to ₹1,00,000 crore.
This capital initiative reflects strong operational growth and may enhance liquidity for future projects.
Not investment advice. For informational purposes only.