Adani Green Unit Transfers 74% Stake in Mundra Solar Energy to Adani Tradecom

The transaction has been conducted at arm's length basis, while the shareholding transfer is based on an independent valuation report

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Adani Renewable Energy Holding Four Limited, a wholly-owned subsidiary of Adani Green Energy Limited (AGEL), has transferred 74% shareholding of Mundra Solar Energy Limited (MSEL) to Adani Tradecom LLP (ATLLP) on May 21, 2021.

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