adani 20 March, 2016 BSE Limited National Stock Exchange of India Limited Ps Towers, Exchange plaza, Datel Street, Bandra-kurle Complex, ‘Mumbai - 400001 Bandra (©) ‘mumbai ~ 400051 Scrip Code: 512599 Scrip Code: ADANIENT Dear Sir, ‘Sub; Intimation for Incorporation of a step down subsidiary. With reference to the captioned subject, we would like to inform you that Adani Green Energy Limited (AGEL), a subsidiary of the Company, has Incorporated wholly owned subsidiary namely, “Mahoba Solar (UP) Private Limited" CMSUPL’) fon 21" March, 2016, The details as required under SEBI (Listing Obligations and Disclosure Requicements) Regulations, 2015 read with SEB! Circular No, CIR / CFO / CMD / 4/2015 dated 9" September, 2015 are as under: =k | Details Name of the target entity, details | Mahoba Solar (UP) Private Limited Inbrief such as size, turnover ete. | CMSUPL’) Authorized & PalUp Share Capital: Rs.1.00,000 (Rupees One Lacs Oni) li) Tumover: Nil (yet to commence business operations) B)_| Whether the acquisition would fall | No within related party transaction(s) ‘and whether the promoter/ promoter group/ group companies hhave any interest In the entity being acquired? IF yes, nature of Interest and details thereof and whether the same is dane at "arms length. : | Industry to which the entity being | MSUPL is yet to commence its acquired belongs business operations, ‘ein tee Picts 385500 fegteed Oi An Houe We Muna Cx, Rangpur, Resa 380 08 uitadani which the shares ave acquired: 3 Particulars Details No] 0) | Objects and effects of acquisition incorporated by Adani Green Eneroy (including but not imited to, | Limited, @ subsidiary of the Company, Gisciosure of reasons for for its business purpose. ‘acquisition of target entity, if Its business fs outside the main line |__|oF business ofthe listed entity) | _ ® [Brief details of any governmental | No = or regulatory approvals required | forthe acquisition 1 [Indicative time —periad for] WA = tion of the acquisition {@) | Nature of consideration - whether | Cash ash consideration of share swap ‘and details of the some; FY [ost of acquisition or the price at | R57.00.0007- (10,000 Equity Shares of Rs.10/- each) [Percentage of shareholding 7 control acquired and / or number acquired in terms of productsiline of business acquired, date of Incorporation, ‘history of last 3 years turnover, countty ia which the acquired entity has presence and any other significant of shares acquired: | [Brief background about the entity MSUPL Is incorporated in India and | Information (in beef) Kindly take the same on your record, Thanking you. Yours faithfully, For Adani Enterprises Limited IR Authorised Signatory 100% registered with the Registrar of Companies, Gujarat at Ahmedabad on 21 March, 2016 and is yet to ‘commence its business operations. |