Adani Energy Solutions Limited informed that the Company has incorporated a wholly owned subsidiary company in the name of "Adani Energy Solutions Step-Thirteen Limited" as per MCA intimation received by the Company on 13th February, 2024 at 3.49 p.m. IST. Industry to which the entity being acquired belongs: Electric Utilities (Transmission Service Provider). Objects and impact of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of the listed entity): Incorporated by Adani Energy Solutions Limited, for transmission, distribution and supply of power and other infrastructure services relating thereto.

Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, and history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief): AESSTL is incorporated in India and registered with the Registrar of Companies, Gujarat at Ahmedabad on 13th February, 2024 and is yet to commence its business operations.