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Adani Enterprises Ltd. Capital/Financing Update 2021

May 26, 2021

61303_rns_2021-05-26_fbb03507-843c-4782-aea9-a429b4516977.pdf

Capital/Financing Update

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Sr.No. Particulars Details
a) Nameofthetargetentity, detailsinbriefsuchassize,turnoveretc. MahanadiMinesandMineralsPrivate Limited**("MMMPL")**i)AuthorizedShare Capital:Rs.10,00,000/- (Rupees Ten LakhOnly).ii)Paid-UpShareCapital:Rs.5,00,000/- (Rupees Five LakhOnly).iii) Turnover: Nil (yet to commencebusiness operations)

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Sr.No. Particulars Details
b) Whethertheacquisitionwouldfallwithinrelatedpartytransaction(s)andwhetherthepromoter/promotergroup/groupcompanieshave anyinterestintheentitybeing acquired?Ifyes,natureofinterestand detailsthereofandwhetherthe sameisdoneat"arms length". N.A.
c) Industrytowhichtheentitybeingacquiredbelongs MMMPLisyetto commence itsbusiness operations.
d) Objectsandeffectsofacquisition/incorporation(includingbutnotlimited to,disclosureofreasonsforacquisitionoftargetentity,ifitsbusinessisoutside the main lineofbusinessofthe listedentity) To own. develop and operate minesofvarious minerals.
e) Briefdetailsofany governmentalorregulatoryapprovals requiredfortheacquisition. N.A.
f) Indicativetimeperiodforcompletionofthe acquisition N.A.
g) Natureofconsideration -whethercash consideration or share swapanddetailsofthe same; Cash
h) Costofacquisitionor the priceatwhichtheshares are acquired; Rs.5,00,000/-(50,000EquitySharesofRs.10 each)
i) Percentageofshareholding_I_controlacquired and /ornumberofshares acquired; 100%
j) Briefbackgroundabouttheentityacquiredin termsofproducts/lineofbusiness acquired,dateof MMMPLisincorporatedin India andregisteredwiththe RegistrarofCompanies, GujaratatAhmedabad

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Sr.No. Particulars Details
incorporation,historyoflast3yearsturnover,countryinwhichtheacquiredentityhas presenceandanyothersignificantinformation(in brief); on25thMay, 2021 and isyettocommenceitsbusiness operations.

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