Adani Energy Solutions Ltd Share Price – NSE  / BSE

Power Generation & Distribution, Mid Cap

Adani Energy Solutions has executed a binding securities purchase and subscription agreement (?SPSA?) to acquire a 100% equity stake in IntelliSmart Infrastructure, a leading smart metering JV between National Investment and Infrastructure Fund (NIIF) and Energy Efficiency Services Limited (EESL). The proposed acquisition will strengthen AESL's position as India's largest smart metering platform with over 4.7+ crore smart meters.

The proposed Rs 3,050 crore transaction includes acquisition of the 100% of the equity share capital of IntelliSmart and redemption of the optionally convertible debentures of IntelliSmart held by NIIF. The transaction closing is subject to regulatory and other customary approvals.

IntelliSmart is one of India's leading owners and operators of smart meter assets, with a total portfolio of 2.2+ crore meters across Uttar Pradesh, Gujarat, Madhya Pradesh, Bihar and Assam. IntelliSmart's presence across high-growth consumer markets provides a strong runway for future expansion.

The acquisition is in line with AESL's strategy to pursue value-accretive growth through both organic and inorganic opportunities. The acquisition is expected to deliver synergies through economies of scale, optimisation of operations and maintenance costs, and integration with AESL's broader energy and infrastructure platform.

Adani Energy Solutions has on 9 June 2026 at 12.34 P.M., signed the securities purchase and subscription agreement (SPSA) with National Investment and Infrastructure Fund (NIIF), Energy Efficiency Services and Intellismart Infrastructure for (Intellismart) acquiring 100% of the equity share capital of Intellismart and redemption of the optionally convertible debentures of Intellismart held by NIIF (Transaction).

Adani Energy Solutions Ltd is up for a third straight session today. The stock is quoting at Rs 1607.9, up 1.83% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.52% on the day, quoting at 23245.3. The Sensex is at 73920.49, down 0.43%. Adani Energy Solutions Ltd has gained around 19.96% in last one month.

Meanwhile, Nifty Energy index of which Adani Energy Solutions Ltd is a constituent, has gained around 0.31% in last one month and is currently quoting at 40346.1, down 0.44% on the day. The volume in the stock stood at 43.01 lakh shares today, compared to the daily average of 40.71 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 1613.9, up 1.51% on the day. Adani Energy Solutions Ltd is up 78.38% in last one year as compared to a 7.4% slide in NIFTY and a 10.49% slide in the Nifty Energy index.

The PE of the stock is 332.52 based on TTM earnings ending March 26.

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Adani Energy Solutions announced that the 13th Annual General Meeting(AGM) of the company will be held on 25 June 2026.