Adani Energy Solutions Ltd.

Shareholders holding 1% or more · latest filing Sep 2026

Ownership split · Sep 2026

Share of total equity by holder type, with change since Jun 2026.

Promoters 73.39% 1.32 pp
FII / FPI 9.56% 0.57 pp
DII 13.2% 1.44 pp
Retail & others 3.85% 0.46 pp
Non-public / other 0% 0
Holder typeDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters69.94%69.94%71.19%71.19%71.19%72.73%74.71%73.39%
FII / FPI17.33%17.58%15.85%13.05%13.47%12.23%10.13%9.56%
DII5.85%6.33%6.89%9.96%10.14%10.25%11.76%13.2%
Retail & others6.88%6.15%6.07%5.79%5.2%4.79%3.39%3.85%
Non-public / other0%0%0%0%0%0%0%0%

Major shareholders

22 current holders with 1% or more in the Sep 2026 filing. Click a name to see everything they hold.

Holder Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026 Change (QoQ)
Gautambhai Shantilal Adani and Rajeshbhai Shantilal Adani (on behalf of S.B. Adani Family Trust) Promoter 50.08%60.16 50.08%60.16 50.08%60.16 50.08%60.16 50.08%60.16 50.08%60.16 50.08%60.16 49.2%60.16 0.88 pp
Adani Tradeline Private Limited Promoter 8.13%9.76 8.13%9.76 8.13%9.76 8.13%9.76 8.13%9.76 8.13%9.76 8.13%9.76 7.98%9.76 0.15 pp
Gelt Bery Trade and Investment Limited Other 4.59%5.51 4.59%5.51 5.39%6.48 5.39%6.48 5.39%6.48 5.39%6.48 5.39%6.48 5.3%6.48 0.09 pp
Sbi Aggressive Hybrid Fund Institution New – – – – – – – 4.01%4.91 –
Life Insurance Corporation of India Institution 3.42%4.11 3.42%4.11 3.42%4.11 3.42%4.11 3.42%4.11 3.42%4.11 3.33%4.00 3.13%3.83 0.2 pp
Afro Asia Trade And Investments Limited Other 2.52%3.02 2.52%3.02 2.52%3.02 2.52%3.02 2.52%3.02 2.52%3.02 2.52%3.02 2.47%3.02 0.05 pp
Worldwide Emerging Market Holding Limited Other 2.52%3.02 2.52%3.02 2.52%3.02 2.52%3.02 2.52%3.02 2.52%3.02 2.52%3.02 2.47%3.02 0.05 pp
Emerging Market Investment DMCC Other 1.8%2.16 1.8%2.16 2.25%2.70 2.25%2.70 2.25%2.70 2.25%2.70 2.25%2.70 2.21%2.70 0.04 pp
Goldman Sachs Trust Ii - Goldman Sachs Gqg Partners International Opportunities Fund Institution 2.93%3.52 2.93%3.52 2.93%3.52 2.93%3.52 2.93%3.52 2.97%3.57 2.78%3.34 1.71%2.09 1.07 pp
Adani Infra (India) Limited Promoter – – – – – 1.54%1.85 1.54%1.85 1.51%1.85 0.03 pp
Ardour Investment Holding Ltd Other New – – – – – – – 1.23%1.50 –
Infinite Trade and Investment Limited Other – – – – – – 0.73%0.88 0.72%0.88 0.01 pp
Flourishing Trade And Investment Limited Other 0.31%0.37 0.31%0.37 0.31%0.37 0.31%0.37 0.31%0.37 0.31%0.37 0.31%0.37 0.3%0.37 0.01 pp
Gautambhai Shantilal Adani Promoter 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
Rajeshbhai Shantilal Adani Promoter 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0%0.00 0
Shri Gautam S. Adani/Smt.Priti G. Adani (on behalf of Gautam S. Adani Family Trust) Promoter 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0
Adani Properties Private Limited Promoter 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0
Fortitude Trade and Investment Limited Other 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0%0 0
Pranav Vinod Adani Promoter – – – – – – 0%0.00 0%0.00 0
Karan Gautam Adani Promoter – – – – – – 0%0.00 0%0.00 0
Sagar Rajesh Adani Promoter – – – – – – 0%0.00 0%0.00 0
Jeet Gautam Adani Promoter – – – – – – 0%0.00 0%0.00 0
Gqg Partners Emerging Markets Equity Fund Institution Exited / below 1% 2.17%2.60 2.3%2.76 2.3%2.76 1.86%2.24 1.86%2.23 1.91%2.29 1.36%1.64 – –
SBI Equity Hybrid Fund Institution Exited / below 1% – – – 3.39%4.07 3.7%4.45 3.67%4.41 4.26%5.12 – –
Ardour Investment Holding Limited Other Exited / below 1% – – – – – – 1.25%1.50 – –
Inq Holding Llc Institution Exited / below 1% – 1.07%1.29 1.07%1.29 1.07%1.29 1.07%1.29 1.07%1.29 – – –
Multi Ventures Limited Public Exited / below 1% – 1.31%1.57 1.31%1.57 1.31%1.57 1.31%1.57 1.31%1.57 – – –
Envestcom Holding Rsc Ltd Institution Exited / below 1% 4.6%5.52 4.6%5.52 2.68%3.22 – – – – – –

Companies only disclose holders with 1% or more, so “Exited / below 1%” can also mean the stake fell under 1%. “pp” = percentage points.

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