Adani Enterprises Ltd. — Capital/Financing Update 2021

Mar 31, 2021

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31st March, 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 the Company has incorporated a wholly-owned subsidiary namely, 'Vizag Tech Park Limited' on 30.03.2021.

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 given as under:-

Sr.	Particulars	Details
No.
a)	Name of the target entity, details in brief such as size, turnover etc.	Vizag Tech Park Limited (VTPL) j) Authorized Share Capital: Rs. 5,00,000/- (Rupees Five Lakh Only). ii) Paid-Up Share Capital: Rs. 5,00,000/- (Rupees Five Lakh Only). iii) Turnover: Nil (yet to commence business operations)
b)	Whether the acquisition would fall within related party transaction(s) whether the promoter/ and promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at "arms length".	No.

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.	Particulars	Details
No.
c)	Industry to which the entity being	VTPL is yet to commence its business
	acquired belongs	operations.
$\overline{d}$	Objects and effects of acquisition	VTPL is incorporated with the object to
	(including but not limited to.	develop & establish an "Integrated Data
	of disclosure for reasons	Center Park and Technology/ Business Park".
	acquisition of target entity, if its
	business is outside the main line
	of business of the listed entity)
e)	Brief details of any governmental	No
	or regulatory approvals required
	for the acquisition.
$f$ )	Indicative period for time	N.A.
	completion of the acquisition
g)	Nature of consideration - whether	Cash
	cash consideration or share swap
	and details of the same;
h)	Cost of acquisition or the price at	Rs. 5,00,000/- (50,000 Equity Shares of
	which the shares are acquired;	Rs. 10/- each)
i)	Percentage of shareholding $\prime$ control acquired and / or number	100%
	of shares acquired;
j)	Brief background about the entity	VTPL is incorporated in India and registered
	acquired in terms of products/line	with the Registrar of Companies, Gujarat at
	of business acquired, date of	Ahmedabad on 30th March, 2021 and is yet
	incorporation, history of last 3	to commence its business operations.
	years turnover, country in which
	the acquired entity has presence
	significant and other any
	information (in brief);

Kindly take the same on your records.

Thanking you,

Yours faithfully, For Adani Enterprises Limited

J. R-sallindlavale

Jatin Jalundhwala _Company Secretary & Joint President (Legal)
③

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