Internal Leadership Transition in Adani Portfolio

In alignment with the Adani Group's routine internal leadership transitions and planning, and to continue fostering sustainable growth and an ever-evolving leadership development consistent with the broader group and Company objectives, a leadership transition has been undertaken.

Adani Green Energy Limited

Mr. Amit Singh, the current CEO of Adani Green Energy Limited (AGEL), will step down from his position as CEO of the Company, effective 31 March 2025 and will transition to his new role as CEO of International Energy Business of the Adani Group.

Adani International Energy Business

Mr. Ashish Khanna, who is currently CEO of the International Energy Business of Adani Group, is appointed as AGEL's new CEO, effective 1 April 2025. Mr. Ashish Khanna has over three decades of experience in areas of renewables, infrastructure, project management and contracts management in both India and abroad.

Mr. Amit Singh is an energy industry strategist and a leader in energy transition with extensive global experience with SLB (formerly Schlumberger). He has worked in over a dozen countries and has held positions such as Managing Director and Country Chair, Qatar and subsequently Director Corporate Strategy & Marketing, Digital and Integration division based out of London. As Adani Group now wishes to expand its business territory to international geographies, especially where growth paradigms are formidable such as MENA, Amit's leadership will further strengthen Group and align Group's goals.

Shares of Adani Green Energy Limited was last trading in BSE at Rs. 1078.05 as compared to the previous close of Rs. 1053.75. The total number of shares traded during the day was 247467 in over 9830 trades.

The stock hit an intraday high of Rs. 1113.50 and intraday low of 1042.20. The net turnover during the day was Rs. 263413553.00.

Source : Equity Bulls

Keywords

AdaniGreenEnergy INE364U01010 LeadershipTransition