Adani Energy Solutions Limited approved during the meeting of the Board of Directors of the Company held on January 29, 2024, approved that Mr. Rohit Soni, Chief Financial Officer (a Key Managerial Personnel, categorized as Senior Management Personnel), to relinquish his position as Chief Financial Officer of the Company, in view of transition to a new role, effective from closure of the business hours on March 31, 2024. Mr. Kunjal Mehta, presently serving as CFO within Adani Portfolio of Companies, will assume the role of Chief Financial Officer of the Company (a Key Managerial Personnel, categorized as Senior Management Personnel), commencing from April 1, 2024. Mr. Rohit Soni was appointed as Chief Financial Officer ("CFO") of the Company in the month of September 2021.

Pursuant to the ongoing leadership development process across the Adani Group, Mr. Rohit Soni will be assuming a new role within the Adani portfolio of companies effective from April 1, 2024. Mr. Kunjal Mehta is a qualified Chartered Accountant and Cost Accountant with over 24 years of work experience. In his previous positions, he has worked with Adani Ports & SEZ and Essar Steel.

His expertise lies in the domains of Finance Resource Mobilization, Working Capital Management, Financial Planning & Analysis, Auditing & Budgetary Controls, Compliance and Risk Management functions of Business.