Adani Energy Solutions to acquire IntelliSmart for ₹3,050 crore, becoming largest smart meter platform
Adani Energy Solutions · Power
Key highlights
- Adani Energy Solutions (AESL) signed agreement on June 9, 2026, to acquire 100% equity of IntelliSmart Infrastructure Pvt Ltd for ₹3,050 crore
- IntelliSmart is a JV between NIIF and EESL, owning 2.2+ crore smart meters across five states; acquisition will increase AESL's portfolio to 4.7+ crore meters
- Transaction includes redemption of optionally convertible debentures held by NIIF; subject to regulatory and customary approvals
Why it's rated notable: amount is ₹500 crore or more
Original filing
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Read the filing on BSE (PDF) →Companies guiding to strong growth
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More from Adani Energy Solutions
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Potential multibaggers · Q2 FY27
Potential multibaggers in Power
on management's own guidance
- Strong growth2
- Strong growth1
- Adani PowerGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.