Adani Enterprises Ltd. — Capital/Financing Update 2021

Apr 13, 2021

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13[th] April, 2021

BSE Limited P J Towers, Dalal Street, Mumbai – 400001.

National Stock Exchange of India Limited Exchange plaza, Bandra-Kurla Complex, Bandra (E), Mumbai – 400051.

Scrip Code: 512599

Scrip Code: ADANIENT

Dear Sir,

Sub: Intimation for Incorporation of a Wholly Owned Subsidiary (“WOS”).

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 like to inform you that Adani Road Transport Limited (“ ARTL ”), a Wholly Owned Subsidiary of the Company, has incorporated a WOS namely, “Badakumari Karki Road Private Limited” on 12[th] April, 2021.

The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated 9[th] September, 2015 are as under: -

Sr.No.	Particulars	Details
a)	Name of the target entity,details in brief such as size,turnover etc.	BadakumariKarkiRoadPrivateLimited (“BKRPL”)i)AuthorizedShareCapital:Rs. 1,00,000/- (Rupees One LakhOnly).ii) Paid-UpShareCapital:Rs. 1,00,000/- (Rupees One LakhOnly).iii) Turnover: Nil (yet to commencebusiness operations)
Adani Enterprises Ltd“ ”		Tel + 91 79 2656 5555

Adani Enterprises Ltd “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad 382 421 Gujarat, India CIN: L51100GJ1993PLC019067

Tel + 91 79 2656 5555 Fax + 91 79 2555 5500 info@adani.com www.adani.com

Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421

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	Sr.No.	Sr.No.	Particulars	Details	Details	Details
	b)		Whether the acquisition wouldfallwithinrelatedpartytransaction(s) and whether theromoter/romoterrou/	N.A.
			ppgpgroupcompanieshaveany
			interest in the entity beingacquired? If yes, nature of
			interest and details thereof and
			whether the same is done at“arms length”
			.
	c)		Industry to which the entitybeing acquired belongs	BKRPL is ybusiness oper	et to commence itsations.
	d)		Objectsandeffectsof	Tocarryo	uttheDevelopment,
			acquisition (including but notlimited to, disclosure of reasons	Operation,Management“Development	Maintenanceandoftheproject– ofSixLane
			for acquisition of target entity, ifits business is outside the mainline of business of the listedentity)	Badakumari-KarkiSectionofNH-130-CD Road from km 179+000tokm226+500underRaipur-Visakhapatnam Economic Corridor inthe State of Odisha on Hybrid AnnuityMode (Package – 0D-3)” and to do allnecessary and incidental activities inthis regard.
	e)		Briefdetailsofanygovernmentalorregulatoryapprovalsrequiredfortheacquisition.	N.A.
	f)		Indicativetimeperiodforcompletion of the acquisition	N.A.
	g)		Natureofconsideration-whether cash consideration orshare swap and details of thesame;	Cash
	Adani Enterprises Ltd“Adani Corporate House”,			Tel + 91 79 2656 5555Fax + 91 79 2555 5500

Adani Enterprises Ltd “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad 382 421 Gujarat, India CIN: L51100GJ1993PLC019067

Tel + 91 79 2656 5555 Fax + 91 79 2555 5500 info@adani.com www.adani.com

Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421

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Sr.No.	Particulars	Details
h)	Cost of acquisition or the priceatwhichthesharesareacquired;	Rs. 1,00,000/- (10,000 Equity Sharesof Rs. 10 each)
i)	Percentage of shareholding /control acquired and / or numberof shares acquired;	100%
j)	Brief background about theentity acquired in terms ofproducts/lineofbusinessacquired, date of incorporation,history of last 3 years turnover,country in which the acquiredentity has presence and anyother significant information (inbrief);	BKRPL is incorporated in India andregistered with the Registrar ofCompanies, Gujarat at Ahmedabad on12thApril,2021andis yet tocommence its business operations.

Kindly take the same on your records.

Thanking you,

Yours faithfully,

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Adani Enterprises Ltd “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad 382 421 Gujarat, India CIN: L51100GJ1993PLC019067

Tel + 91 79 2656 5555 Fax + 91 79 2555 5500 info@adani.com www.adani.com

Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421