Adani Power Limited — Major Shareholding Notification 2021

Apr 22, 2021

April 8, 2021

To:

National Stock Exchange of India Limited BSE Limited Exchange Plaza, BKC, Bandra (East) Floor 25, P J Towers, Dalal Street, Mumbai – 400 051 Mumbai – 400001

Audit Committee / Board of Directors Adani Power Limited "Adani Corporate House", Shantigram, Near Vaishno Devi Circle, S.G. Highway, Khodiyar, Ahmedabad-382421

Dear Sir,

• Subject: Disclosure/declaration by Promoter / Promoter Group of Adani Power Limited under Regulation 30 and Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (as amended) for the financial year ended March 31, 2021
• 1. Disclosure in terms of Regulation 30 of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (as amended)

The shareholding of Promoter / Promoter Group of Adani Power Limited as on 31- 03-2021 as given herein below is as per the disclosures made in the prescribed format by Promoter / Promoter Group of Adani Power Limited (as on March 31, 2021), and such disclosures are attached herewith.

			Details of shares held as on 31-03-2021
Sr. No.	Details of Promoter / Promoter Group of Adani Power Limited	Number of shares	% w.r.t. Total share / voting capital wherever applicable	% w.r.t. Total diluted share/voting capital wherever applicable
1.	Gautam S Adani & Rajesh S Adani (on behalf of S B Adani Family Trust)	1,40,51,79,633	36.43	36.43
2.	Gautam S Adani & Priti G Adani (on behalf of Gautam S Adani Family Trust)	1,64,32,820	0.43	0.43

S. B. Adani Family Trust Tel +91 79 2656 5555

9th Floor, Shikhar, Near Adani House, Fax +91 79 2656 5500 Mithakhali Six Roads, Navrangpura info@adani.com Ahmedabad-380 009 www.adani.com Gujarat, India

3.	Adani Tradeline LLP	37,71,80,885	9.78	9.78
4.	Shri Gautam S. Adani	1	0.00	0.00
5.	Shri Rajesh S. Adani	1	0.00	0.00
6.	Flourishing Trade and Investment Ltd.	44,21,86,652	11.46	11.46
7.	Worldwide Emerging Market Holding Ltd.	19,28,46,900	5.00	5.00
8.	Afro Asia Trade and Investments Ltd.	26,54,85,675	6.88	6.88
9.	Emerging Market Investment DMCC	19,23,00,000	4.99	4.99
	Total	2,89,16,12,567	74.97	74.97

1. Declaration in terms of Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (as amended)

Based on the information received from other members of the promoter and promoter group of Adani Power Limited, S.B. Adani Family Trust, one of the promoter group entity, does hereby confirm and declare on behalf of promoter and promoter group of Adani Power Limited that the members of the promoter an promoter group of Adani Power Limited have not created any encumbrance over the shares of Adani Power Limited, directly or indirectly, during the financial year ended on March 31, 2021, other than those encumbrances for which disclosures have already been made during the financial year ended on March 31, 2021 under the relevant provisions of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 (as amended).

Kindly take the same on record.

Thanking You, For S.B. Adani Family Trust

Authorised Signatory

S. B. Adani Family Trust Tel +91 79 2656 5555 9th Floor, Shikhar, Near Adani House, Fax +91 79 2656 5500 Mithakhali Six Roads, Navrangpura info@adani.com Ahmedabad-380 009 www.adani.com Gujarat, India

1. Name of the Target Company (TC)	Adani Power Limited
2. Name(s) of the Stock Exchange(s) where the shares of the TC are listed	BSE Limited	National Stock Exchange of India Limited
3. Particulars of the shareholder(s) a. Name of person(s) together with Persons Acting in Concert (PAC) whose total holding (including that in the form of shares, warrants, convertible securities and any other instrument that would entitle the holder to receive shares in the TC) is more than 25% of the voting rights of the TC. or
b. Name(s) of promoter(s), member of the promoter group and PAC with him.		Shri Gautam S. Adani & Smt. Priti G. Adani (on behalf of Gautam S. Adani Family Trust)
4. Particulars of the shareholding of person(s) mentioned at (3) above	Number	% w.r.t. total share /voting capital wherever applicable	% of total diluted share/voting capital of TC (*)
As of March 31 of the year 2021, holding of: a) Shares b) Voting Rights (otherwise than by shares) c) Warrants, d) Convertible Securities e) any other instrument that would entitle the holder to receive shares in the TC.	1,64,32,820	0.43	0.43
Total	1,64,32,820	0.43	0.43

Name(s) of the person and Persons Acting in Concert (PAC) with the person	Whether the person belongs to Promoter/ Promoter group
Shri Gautam S. Adani & Smt. Priti G. Adani (on behalf of Gautam S. Adani Family Trust)	Yes

Signature of Authorized Signatory: For Gautam S. Adani Family Trust

Authorised Signatory

Place: Ahmedabad Date: 08/04/2021

Note:

1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.

(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

1. Name of the Target Company (TC)	Adani Power Limited
2. Name(s) of the Stock Exchange(s)	BSE Limited
where the shares of the TC are listed		National Stock Exchange of India Limited
3. Particulars of the shareholder(s)
a. Name of person(s) together with
Persons Acting in Concert (PAC)
whose total holding (including that
in the form of shares, warrants,
convertible securities and any other
instrument that would entitle the
holder to receive shares in the TC) is
more than 25% of the voting rights
of the TC.
or
b. Name(s) of promoter(s), member of		Shri Gautam S. Adani & Shri Rajesh S. Adani
the promoter group and PAC with		(on behalf of S. B. Adani Family Trust)
him.
4. Particulars of the shareholding of	Number	% w.r.t. total	% of total
person(s) mentioned at (3) above		share	diluted
		/voting	share/voting
		capital	capital of
		wherever	TC (*)
		applicable
As of March 31 of the year 2021, holding of: a) Shares	1,40,51,79,633	36.43	36.43
b) Voting Rights (otherwise than by
shares)
c) Warrants,
d) Convertible Securities
e) any other instrument that would
entitle the holder to receive shares in
the TC.
Total	1,40,51,79,633	36.43	36.43

Name(s) of the person and Persons Acting in Concert (PAC) with the person	Whether the person belongs to Promoter/ Promoter group
Shri Gautam S. Adani & Shri Rajesh S. Adani (on behalf of S. B. Adani Family Trust)	Yes

Signature of Authorized Signatory: For S. B. Adani Family Trust

Authorised Signatory

Place: Ahmedabad Date: 08/04/2021

Note:

1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.

(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

1. Name of the Target Company (TC)	Adani Power Limited
2. Name(s) of the Stock Exchange(s)	BSE Limited
where the shares of the TC are listed		National Stock Exchange of India Limited
3. Particulars of the shareholder(s)
a. Name of person(s) together with
Persons Acting in Concert (PAC)
whose total holding (including that in
the form of shares, warrants,
convertible securities and any other
instrument that would entitle the
holder to receive shares in the TC) is
more than 25% of the voting rights of
the TC.
or
b. Name(s) of promoter(s), member of		Adani Tradeline LLP
the promoter group and PAC with
him.
4. Particulars of the shareholding of	Number	% w.r.t. total	% of total
person(s) mentioned at (3) above		share	diluted
		/voting	share/voting
		capital	capital of
		wherever	TC (*)
		applicable
As of March 31 of the year 2021, holding of:	37,71,80,885	9.78	9.78
a) Shares
b) Voting Rights (otherwise than by
shares)
c) Warrants,
d) Convertible Securities
e) any other instrument that would
entitle the holder to receive shares in
the TC.
Total	37,71,80,885	9.78	9.78

Name(s) of the person and Persons Acting in Concert (PAC) with the person	Whether the person belongs to Promoter/ Promoter group
Adani Tradeline LLP	Yes

Signature of Authorized Signatory: For Adani Tradeline LLP

Authorised Signatory

Place: Ahmedabad Date: 08/04/2021

Note:

1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.

(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

1. Name of the Target Company (TC)	Adani Power Limited
2. Name(s) of the Stock Exchange(s)	BSE Limited
where the shares of the TC are listed		National Stock Exchange of India Limited
3. Particulars of the shareholder(s)
a. Name of person(s) together with
Persons Acting in Concert (PAC)
whose total holding (including that in
the form of shares, warrants,
convertible securities and any other
instrument that would entitle the
holder to receive shares in the TC) is
more than 25% of the voting rights of
the TC.
or
b. Name(s) of promoter(s), member of		Shri Gautam S. Adani
the promoter group and PAC with
him.
4. Particulars of the shareholding of	Number	% w.r.t. total	% of total
person(s) mentioned at (3) above		share	diluted
		/voting	share/voting
		capital	capital of
		wherever	TC (*)
		applicable
As of March 31 of the year 2021, holding of:	1	0.00	0.00
a) Shares
b) Voting Rights (otherwise than by
shares)
c) Warrants,
d) Convertible Securities
e) any other instrument that would
entitle the holder to receive shares in the TC.
Total	1	0.00	0.00

Name(s) of the person and Persons Acting in Concert (PAC) with the person	Whether the person belongs to Promoter/ Promoter group
Shri Gautam S. Adani	Yes

For and on behalf of Shri Gautam S. Adani

Signature of Authorized Signatory:

Place: Ahmedabad Date: 08/04/2021

Note:

1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.

(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

1. Name of the Target Company (TC)	Adani Power Limited
2. Name(s) of the Stock Exchange(s)	BSE Limited
where the shares of the TC are listed		National Stock Exchange of India Limited
3. Particulars of the shareholder(s)
a. Name of person(s) together with
Persons Acting in Concert (PAC)
whose total holding (including that in
the form of shares, warrants,
convertible securities and any other
instrument that would entitle the
holder to receive shares in the TC) is
more than 25% of the voting rights of
the TC. or
b. Name(s) of promoter(s), member of
the promoter group and PAC with		Shri Rajesh S. Adani
him.
4. Particulars of the shareholding of	Number	% w.r.t. total	% of total
person(s) mentioned at (3) above		share	diluted
		/voting	share/voting
		capital	capital of
		wherever	TC (*)
		applicable
As of March 31 of the year 2021, holding of:	1	0.00	0.00
a) Shares
b) Voting Rights (otherwise than by
shares) c) Warrants,
d) Convertible Securities
e) any other instrument that would
entitle the holder to receive shares in
the TC.
Total	1	0.00	0.00

Name(s) of the person and Persons Acting in Concert (PAC) with the person	Whether the person belongs to Promoter/ Promoter group
Shri Rajesh S. Adani	Yes

For and on behalf of Shri Rajesh S. Adani

Signature of Authorized Signatory:

Place: Ahmedabad Date: 08/04/2021

Note:

1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.

(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

1. Name of the Target Company (TC)	Adani Power Limited
2. Name(s) of the Stock Exchange(s) where the	BSE Limited
shares of the TC are listed	National Stock Exchange of India Limited
3. Particulars of the shareholder(s)
a. Name of person(s) together with Persons
Acting in Concert (PAC) whose total holding
(including that in the form of shares,
warrants, convertible securities and any
other instrument that would entitle the
holder to receive shares in the TC) is more
than 25% of the voting rights of the TC.
or
b. Name(s) of promoter(s), member of the
promoter group and PAC with him.
		Flourishing Trade and Investment Ltd
4. Particulars of the shareholding of person(s)	Number	% w.r.t. total	% of total
mentioned at (3) above		share /voting	diluted
		capital	share/voting
		wherever	capital of TC
As of March 31 of the year 2021, holding of:		applicable	(*)
	44,21,86,652	11.46	11.46
a) Shares
b) Voting Rights (otherwise than by shares)
c) Warrants,
d) Convertible Securities
e) any other instrument that would entitle the
holder to receive shares in the TC.

Name(s) of the person and Persons Acting in Concert (PAC) with the person	Whether the person belongs to Promoter/ Promoter group
Flourishing Trade and Investment Ltd	Yes

Signature of Authorized Signatory: For Flourishing Trade and Investment Ltd

Authorised Signatory

Place: Mauritius Date: 08/04/2021

Note:

1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.

(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

1. Name of the Target Company (TC)	Adani Power Limited
2. Name(s) of the Stock Exchange(s) where the	BSE Limited
shares of the TC are listed		National Stock Exchange of India Limited
3. Particulars of the shareholder(s)
a. Name of person(s) together with Persons
Acting in Concert (PAC) whose total holding
(including that in the form of shares,
warrants, convertible securities and any
other instrument that would entitle the
holder to receive shares in the TC) is more
than 25% of the voting rights of the TC.
or
b. Name(s) of promoter(s), member of the
promoter group and PAC with him.
		Worldwide Emerging Market Holding Ltd.
4. Particulars of the shareholding of person(s)	Number	% w.r.t. total	% of total
mentioned at (3) above		share /voting	diluted
		capital	share/voting
		wherever	capital of TC
		applicable	(*)
As of March 31 of the year 2021, holding of:	19,28,46,900	5.00	5.00
a) Shares
b) Voting Rights (otherwise than by shares)
c) Warrants,
d) Convertible Securities
e) any other instrument that would entitle the
holder to receive shares in the TC.
Total	19,28,46,900	5.00	5.00

Name(s) of the person and Persons Acting in Concert (PAC) with the person	Whether the person belongs to Promoter/ Promoter group
Worldwide Emerging Market Holding Ltd.	Yes

Signature of Authorized Signatory: For Worldwide Emerging Market Holding Ltd.

Authorised Signatory

Place: Mauritius Date: 08/04/2021

Note:

1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.

(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

1. Name of the Target Company (TC)	Adani Power Limited
2. Name(s) of the Stock Exchange(s) where the shares of the TC are listed	BSE Limited National Stock Exchange of India Limited
3. Particulars of the shareholder(s) a. Name of person(s) together with Persons Acting in Concert (PAC) whose total holding (including that in the form of shares, warrants, convertible securities and any other instrument that would entitle the holder to receive shares in the TC) is more than 25% of the voting rights of the TC. or Name(s) of promoter(s), member of the b. promoter group and PAC with him.
		Afro Asia Trade and Investments Ltd.
4. Particulars of the shareholding of person(s) mentioned at (3) above	Number	% w.r.t. total share /voting capital wherever	% of total diluted share/voting capital of TC
As of March 31 of the year 2021, holding of: Shares a) b) Voting Rights (otherwise than by shares) c) Warrants, d) Convertible Securities e) any other instrument that would entitle the holder to receive shares in the TC.	26,54,85,675	applicable 6.88	(*) 6.88

Name(s) of the person and Persons Acting in Concert (PAC) with the person	Whether the person belongs to Promoter/ Promoter group
Afro Asia Trade and Investments Ltd.	Yes

Signature of Authorized Signatory: For Afro Asia Trade and Investments Ltd.

Authorised Signatory

Place: Mauritius Date: 08/04/2021

Note:

1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.

(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.

1. Name of the Target Company (TC)	Adani Power Limited
2. Name(s) of the Stock Exchange(s) where the shares of the TC are listed	BSE Limited National Stock Exchange of India Limited
3. Particulars of the shareholder(s) a. Name of person(s) together with Persons Acting in Concert (PAC) whose total holding (including that in the form of shares, warrants, convertible securities and any other instrument that would entitle the holder to receive shares in the TC) is more
than 25% of the voting rights of the TC. $\Theta$ F b. Name(s) of promoter(s), member of the promoter group and PAC with him.
		Emerging Market Investment DMCC
Particulars of the shareholding of person(s) 4. mentioned at (3) above	Number	% w.r.t. total share /voting capital wherever applicable	% of total diluted share/voting capital of TC $(*)$
As of March 31 of the year 2021, holding of: a) Shares b) Voting Rights (otherwise than by shares) c) Warrants, d) Convertible Securities e) any other instrument that would entitle the- holder to receive shares in the TC.	19,23,00,000	4.99	4.99

Name(s) of the person and Persons Acting in Concert (PAC) with the person	Whether the person belongs to Promoter/ Promoter group
Emerging Market Investment DMCC	Yes

Signature of Authorized Signatory:

For Emergim Market Investment DMCC

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Place: Dubai Date: 08/04/2021

Note:

1. In case of promoter(s) making disclosure under regulation 30(2), no additional disclosure under regulation 30(1) is required.

(*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.