Adani Enterprises Ltd. — Capital/Financing Update 2019

Nov 8, 2019

Sub: Acquisition of 49% stake of Adani Power Resources Limited

Ref: Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

With reference to the captioned subject, we would We to inform that the Company has acquired 24.500 (49%) Equity Shares of Rs. 10/- each of Adani Power Resources Limited from Adani Power Maharashtra Limited (29%) and Adam Power Rajasthan Limited (20%) on 8th November, 2019.

8th	2019 November.
BSE P J	Limited Towers,	Exchange Stock of National Limited India Exchange plaza,
Dalal Mumbai	Street. 400001 —	Complex. Bandra-Kurla (E), Mumbai 400051 Bandra —
Scrip	512599 Code:	ADANIENT Code: Scrip
Dear	Sir,
Sub:	49% Adani of stake of Acquisition	Power Resources Limited
Ref:	pursuant Regulation Disclosure to and Obligations (Listing India	30 Exchange and Board of the of Securities
With		Requirements) 2015. Disclosure Regulations,
	captioned reference the subject, to 24.500 (49%) Shares Equity Power from Maharashtra Adani November, on (20%) 2019. 8th	We we Company would has inform that the to Power each Adani Resources of of 10/- Rs. Adam Power and (29%) Limited Rajasthan
	under SEBI as required details 2015 with SEBI read Regulations. 2015 are as under:—	and Requirements) Obtigations Disclosure (Listing CMD / CFD / 4/2015 CIR dated 9th N0. Circuiar /
Sr.	Particulars	Details
acquired Limited Limited The September, No. a)	Name the target of entity,	Power Adani Resources Limited details in
	such as turnover brief size, etc.	("APRL") Authorized Share Capital: i) (Rupees 5,00,000/- Five Rs.
		Lakh Only).
		Paid-Up Share Capital: Rs. ii) (Rupees Lakh 5,00,000/~ Five
		Only). Turnover:Nil iii)
b)	Whether the acquisition within reiated party transaction(s)	Adam Power would Maharashtra Yes, fall Adam Power and and Rajasthan Limited
	whether promoter/ the	promoter Limited are related parties falling
	companies group group/ being in the interest entity	have any under Adani the control joint i.e. acquired? Group.
	and nature of interest If yes, same whether and thereof the	details is done Aforesaid transaction arm's at is
	"arms at length".	length basis.
Adani Ahmedabad	Adani Enterprises Ltd House. Nr Mithakhali Circle. Navrangpura 009 380	Tel + 9179 2656 5555 + 9179 5500 2555 Fax info@adani.com www.adani.com

Sr. No.	Particulars	Details
0)	which being Industry the entity to acquired belongs.	and Mining minerals of ores.
d)	and Objects effects of acquisition but not (including limited to, reasons discIosure of acquisition of for	Company The 24,500 has acquired each (49%) Shares Equity of Rs. 10/- is engaged APRL, which of in carrying
	if its business is outside target entity, main business the the of of line iisted entity)	8 out mining minerals ores of and other activities activities allied in any elsewhere. part of 1ndia or
e)	any governmentai of or Brief details approvals the regulatory required for	No
f)	acquisition. time completion period indicative for the of acquisition.	Completed
9)	whether Nature consideration of - swap and cash consideration share or same. the of details	Cash
h)	Cost acquisition the of price or at which the shares	Rs.2.45.000/—(24.500 Shares Equity
i)	are acquired.	each). of 10/- Rs.
	Percentage shareholding of / control number and acquired shares / or of acquired.	49%
j)	background about the entity Brief in terms acquired of products/iine of date business acquired, of	APRL and incorporated India in is with the registered Registrar of Ahmedabad Companies, Gujarat at
	3 years incorporation, of history iast which country the turnover, in and any acquired has presence entity	December. 2013 and on is yet to 4th commence its business operations.

Kindly take the same on your record.

Thanking you,

Yours faithfully. For Adani Enterprises Limited

Jatin Jaiundhwala Company Secretary 8 gint President (Legal)

Adani Enterprises Ltd Adani House. Nr Mithakhaii Circle. Navrangpura Ahmedabad 380 009 Gujarat. India CIN: L511OOGJ1993PL0019067

Tel + 9179 2656 5555 Fax + 9179 2555 5500 info@adani.com www.adani.com

Registered Office : Adani House, Mr. Mithakhali Circle. Navrangpura. Ahmedabad 380 009. Gujarat, india