ADANIGREEN

gets ₹9,350cr boost as promoter converts warrants

has received ₹9,350 crore from its promoter group after converting share warrants into equity. This infusion will be used to repay shareholder loans and fund capital expenditure, supporting AGEL's goal of reaching 50 GW installed capacity by 2030. The company's net worth is expected to rise, and its net debt-to-equity ratio will improve significantly.