Adani Power shareholders and shareholding pattern

NSE: ADANIPOWERBSE: 533096PowerLarge Cap

Adani Power Limited · Face value ₹2 · Listed Aug 2009

₹189.00₹2.20 (1.15%)BSE ₹189.40

Share price at the NSE close on 30 Oct 2026. Previous close ₹191.20.

30 Oct: open ₹191.20, high ₹192.00, low ₹187.50

52-week range of traded prices to 30 Oct 2026

₹128.10Low, 23 Jan 2026₹254.20High, 29 May 2026

Market cap: ₹3,64,481 Cr23rd largest listed
P/E: 20.00
P/B: 4.75
Dividend yield: Nonein the last 12 months
ROE: 27.0%
ROCE: 14.6%
Debt to equity: 0.79
Volume, NSE: 2,33,07,07949.0% delivered

Adani Power's shareholding pattern for Sep 2026, filed on 9 Oct 2026, with every filing from Dec 2016: who owns its shares by group, its promoters by name and its public holders of 1% or more.

Who owns Adani Power, filing by filing

Per cent of the company's shares.

Sep 2026 filing

Promoters74.96%
Foreign institutions11.03%
Indian institutions4.47%
GovernmentsNone
Individuals and others9.54%

Shareholding pattern, per cent, from Sep 2022

Promoters
Foreign institutions
Indian institutions
Governments
Individuals and others

Per cent	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
	64.89%	68.08%	68.08%	69.47%	71.55%	73.07%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	74.97%	69.56%	71.75%	71.75%	72.71%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%	74.96%
Indian promoters	51.43%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	46.64%	47.20%	47.20%	47.20%	47.20%	47.20%	47.20%	47.20%	47.20%	47.85%
Foreign promoters	13.46%	21.45%	21.45%	22.83%	24.91%	26.43%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	28.33%	22.92%	25.11%	25.11%	26.07%	27.76%	27.76%	27.76%	27.76%	27.76%	27.76%	27.76%	27.76%	27.11%
	35.11%	31.92%	31.92%	30.53%	28.45%	26.93%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	25.03%	30.44%	28.25%	28.25%	27.29%	25.04%	25.04%	25.04%	25.04%	25.04%	25.04%	25.04%	25.04%	25.04%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13.23%	12.88%	11.70%	11.95%	17.51%	15.86%	15.91%	14.73%	12.66%	12.35%	12.37%	12.46%	11.53%	11.64%	11.74%	11.76%	11.03%
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	13.23%	10.03%	8.86%	9.03%	13.43%	12.60%	13.75%	12.99%	11.64%	11.33%	11.22%	11.24%	10.32%	10.34%	10.35%	10.46%	9.90%
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	2.85%	2.84%	2.92%	4.08%	3.26%	2.16%	1.74%	1.02%	1.01%	1.14%	1.22%	1.21%	1.30%	1.38%	1.30%	1.13%
Other foreign institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	0.01%	0.04%	0.76%	1.18%	1.41%	1.43%	1.53%	1.61%	1.65%	1.76%	2.69%	3.42%	3.69%	4.08%	4.47%
Mutual funds	0.72%	0.83%	0.15%	0.44%	0.70%	0.94%	0.94%	2.20%	2.90%	2.73%	2.29%	1.63%	1.18%	0.92%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	0.04%	0.74%	1.17%	1.39%	1.41%	1.51%	1.60%	1.64%	1.76%	2.69%	3.39%	3.62%	3.92%	4.31%
Insurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.01%	0.02%	0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	0.02%	0.03%	0.11%	0.11%
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Provident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	Under 0.01%	0.00%	0.00%	–	–	0.00%	–	–	–
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.04%	0.04%	0.05%
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	Under 0.01%
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	11.80%	12.15%	13.32%	13.04%	12.18%	11.20%	10.93%	11.13%	10.85%	11.09%	11.02%	10.82%	10.81%	9.98%	9.62%	9.20%	9.54%
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5.37%	5.68%	6.87%	6.38%	5.35%	4.81%	4.57%	4.94%	4.84%	5.10%	5.01%	4.80%	4.00%	4.85%	4.52%	4.33%	4.57%
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.03%	1.04%	1.03%	1.14%	1.10%	0.92%	0.92%	0.84%	0.69%	0.67%	0.68%	0.65%	1.47%	0.71%	0.72%	0.66%	0.68%
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.25%	0.28%	0.26%	0.39%	0.62%	0.39%	0.37%	0.26%	0.27%	0.28%	0.29%	0.33%	0.36%	0.41%	0.45%	0.33%	0.41%
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.16%	0.16%	0.18%	0.17%	0.16%	0.15%	0.15%	0.16%	0.15%	0.15%	0.16%	0.15%	0.15%	0.16%	0.16%	0.17%	0.18%
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.02%
Foreign companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	4.69%	4.69%	4.69%	4.69%	4.69%	4.69%	4.69%	4.69%	4.69%	4.69%	4.69%	4.69%	4.64%	3.65%	3.58%	3.52%	3.52%
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	–
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	–	–	–	–	–	Under 0.01%
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.27%	0.27%	0.26%	0.24%	0.23%	0.21%	0.20%	0.22%	0.17%	0.17%	0.17%	0.17%	0.17%	0.18%	0.17%	0.16%	0.17%
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	0.01%
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.02%	0.04%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%	Under 0.01%
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Others	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	Under 0.01%	Under 0.01%	Under 0.01%	–	–	–	–	–	–	–	–	–	–	–	–	–
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0.25%	0.22%	0.24%	0.22%	0.21%	0.20%	0.20%	0.17%	0.17%	0.17%	0.17%	0.17%	0.18%	0.17%	0.15%	0.16%
Promoter shares pledgedShare of the promoters' own shares	45.00%	31.62%	35.15%	33.11%	31.99%	31.92%	32.05%	32.05%	29.34%	30.20%	29.32%	29.32%	29.90%	32.46%	31.64%	30.05%	29.21%	29.11%	28.60%	27.37%	27.37%	27.37%	25.33%	10.94%	25.01%	25.15%	25.06%	25.97%	15.85%	16.10%	0.45%	1.46%	1.81%	1.81%	1.81%	1.81%	1.81%	1.81%	1.81%	1.81%
Shares in issue	3,50,08,92,183	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	3,85,69,38,941	19,28,46,94,705	19,28,46,94,705	19,28,46,94,705	19,28,46,94,705	19,28,46,94,705
Shares locked in	56,50,53,242	92,11,00,000	92,11,00,000	92,11,00,000	92,11,00,000	92,11,00,000	92,11,00,000	92,11,00,000	92,11,00,000	52,30,00,000	52,30,00,000	46,69,31,253	38,27,55,125	31,41,88,040	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–
Promoters' shares locked in	56,50,53,242	92,11,00,000	92,11,00,000	92,11,00,000	92,11,00,000	92,11,00,000	92,11,00,000	92,11,00,000	92,11,00,000	52,30,00,000	52,30,00,000	46,69,31,253	38,27,55,125	31,41,88,040	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	–

Filings before Sep 2022 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. Pledged is the share of the promoters' own shares given to lenders as security. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Adani Power shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

Shareholders	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
All shareholders	3,55,277	3,40,749	3,67,755	3,57,491	3,38,471	3,46,605	3,56,278	3,38,805	2,98,549	2,92,036	2,90,659	2,78,650	2,83,337	3,03,805	3,34,280	3,40,211	4,30,888	5,55,590	9,81,561	10,05,565	11,42,697	11,74,863	15,02,713	14,76,872	14,88,295	17,90,675	16,70,036	15,03,347	14,60,767	14,26,249	17,90,384	17,42,783	18,85,684	18,91,234	18,14,142	20,12,647	21,47,981	20,87,011	21,16,256	21,80,320
	13	7	7	8	8	10	10	10	10	10	10	10	10	10	10	10	10	9	9	9	9	9	8	8	8	8	8	9	9	9	9	10	10	10	10	10	10	10	14	15
Indian promoters	8	3	3	3	3	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	8	9
Foreign promoters	5	4	4	5	5	5	5	5	5	5	5	5	5	5	5	5	5	4	4	4	4	4	4	4	4	4	4	5	5	5	5	6	6	6	6	6	6	6	6	6
	3,55,264	3,40,742	3,67,748	3,57,483	3,38,463	3,46,595	3,56,268	3,38,795	2,98,539	2,92,026	2,90,649	2,78,640	2,83,327	3,03,795	3,34,270	3,40,201	4,30,878	5,55,581	9,81,552	10,05,556	11,42,688	11,74,854	15,02,705	14,76,864	14,88,287	17,90,667	16,70,028	15,03,338	14,60,758	14,26,240	17,90,375	17,42,773	18,85,674	18,91,224	18,14,132	20,12,637	21,47,971	20,87,001	21,16,242	21,80,305
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	404	389	334	330	361	376	409	447	445	423	419	425	421	445	459	484	501
Foreign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	403	369	316	312	335	351	381	416	411	389	387	394	390	413	423	447	463
Foreign portfolio investors, category II	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	19	17	18	26	25	28	31	34	34	32	31	31	32	36	37	38
Other foreign institutions	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	0	0	0	0	0	0	0	0	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10	12	15	18	23	28	38	42	44	37	38	39	43	49	64	83	82
Mutual funds	15	18	7	12	14	11	13	16	20	20	20	16	14	14	3	1	1	2	1	1	1	2	1	1	4	7	10	12	14	21	23	22	21	23	24	25	27	30	36	36
Insurance companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	2	3	4	3	6	3	1	2	5	8	10	11	12
Banks	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	3
Provident and pension funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	0	1	0	0	–	–	0	–	–	–
Alternative investment funds	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	2	1	1	1	2	2	4	7	6	4	6	5	6	7	17	30	27
Non-bank lenders registered with RBI	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	5	5	5	5	5	7	7	7	7	7	6	6	5	5	5	4	4
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	3	2	1	1	1	1	1	1	1	1
State governments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	1
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	–
Government-promoted companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	3	2	1	1	–	–	–	–	–	–
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14,76,449	14,87,885	17,90,317	16,69,679	15,02,953	14,60,353	14,25,792	17,89,883	17,42,282	18,85,213	18,90,766	18,13,667	20,12,172	21,47,476	20,86,477	21,15,674	21,79,721
Resident individuals, up to ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14,56,716	14,67,824	17,68,003	16,47,982	14,82,121	14,39,460	14,03,805	17,64,987	17,16,735	18,58,605	18,63,520	17,86,265	19,79,095	21,16,448	20,53,162	20,78,711	21,40,316
Resident individuals, over ₹2 lakh at face value	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	604	628	670	670	635	548	536	488	459	450	449	432	4,420	464	431	413	437
Companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1,243	1,276	1,459	1,409	1,374	1,389	1,500	1,725	1,742	1,771	1,750	1,778	1,836	1,953	2,384	2,921	3,112
Non-resident Indians	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7,606	7,785	8,865	8,705	8,468	8,813	9,646	11,514	12,016	12,563	13,313	13,488	14,464	15,548	17,313	19,423	20,591
Foreign nationals	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	7	7	7	7	7	7	7	7	7	7	8	8	8	8	9	9	9
Foreign companies	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Directors and their relatives	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	1	1	1	1	1	1	0	0	0	0	–	–	–	–	–	–
Key managers	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	0	0	0	0	0	0	0	0	0	0	0	–	–	–	–	–	2
	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10,271	10,363	11,311	10,904	10,346	10,134	10,296	11,161	11,322	11,816	11,725	11,695	12,348	13,054	13,177	14,196	15,253
Trusts	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	14	12	12	13	9	11	12	11	14	13	13	14	15	22	27	27
Clearing Members	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	107	117	13	13	10	10	12	11	18	13	13	17	5	6	6	5
Bodies Corporate	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Others	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2	1	1	–	–	–	–	–	–	–	–	–	–	–	–	–
Hindu undivided families	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	10,239	11,181	10,878	10,320	10,115	10,275	11,137	11,300	11,784	11,699	11,669	12,317	13,034	13,149	14,163	15,221

Adani Power promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing for Sep 2026; the largest is GAUTAMBHAI SHANTILAL ADANI & RAJESHBHAI SHANTILAL ADANI (ON BEHALF OF S. B. ADANI FAMILY TRUST), 36.86%. The filing names 3 more members with no shares.Promoter buying and selling

Holder
GAUTAMBHAI SHANTILAL ADANI & RAJESHBHAI SHANTILAL ADANI (ON BEHALF OF S. B. ADANI FAMILY TRUST)Indian companies, trusts and others	36.86%	7,10,80,62,265	3.68%
FLOURISHING TRADE AND INVESTMENT LTDForeign companies and others	11.46%	2,21,09,33,260	0.00%
ADANI TRADELINE PRIVATE LIMITEDIndian companies, trusts and others	10.34%	1,99,39,31,925	0.00%
EMERGING MARKET INVESTMENT DMCCForeign companies and others	6.74%	1,29,97,02,000	0.00%
WORLDWIDE EMERGING MARKET HOLDING LIMITEDForeign companies and others	3.79%	73,16,62,875	0.00%
ARDOUR INVESTMENT HOLDING LTDForeign companies and others	3.03%	58,39,17,000	0.00%
FORTITUDE TRADE AND INVESTMENT LTDForeign companies and others	1.71%	32,92,35,000	0.00%
ADANI INFRA (INDIA) LIMITEDIndian companies, trusts and others	0.65%	12,48,00,000	0.00%
HIBISCUS TRADE AND INVESTMENT LTDForeign companies and others	0.38%	7,33,82,500	0.00%
RAJESHBHAI SHANTILAL ADANIIndividuals and Hindu undivided families	0.00%	5	0.00%
PRANAV VINOD ADANIIndividuals and Hindu undivided families	0.00%	10	0.00%
KARAN GAUTAM ADANIIndividuals and Hindu undivided families	0.00%	10	0.00%
JEET GAUTAM ADANIIndividuals and Hindu undivided families	0.00%	10	0.00%
GAUTAMBHAI SHANTILAL ADANIIndividuals and Hindu undivided families	0.00%	5	0.00%
SAGAR RAJESHBHAI ADANIIndividuals and Hindu undivided families	0.00%	10	0.00%

Pledged is the share of the holder's own shares pledged to a lender.

Largest public holders of Adani Power, filing by filing

Per cent, on the same shares as the split above.Mutual funds holding Adani Power

Holder	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
OPAL INVESTMENT PVT LTDForeign companies	–	–	5.53%	5.53%	5.53%	5.53%	5.53%	5.53%	5.53%	5.53%	5.53%	5.53%	–	–	5.53%	5.53%	5.53%	5.53%	5.53%	5.53%	5.53%	5.53%	5.00%	4.69%	4.69%	4.69%	4.69%	4.69%	4.69%	4.69%	4.69%	4.69%	4.69%	4.69%	4.69%	4.64%	3.65%	3.58%	3.52%	3.52%
GOLDMAN SACHS TRUST II - GOLDMAN SACHS GQG PARTNERForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.75%	2.84%	3.39%	3.39%	3.34%	3.31%	3.31%	3.29%	3.29%	3.29%	3.31%	3.03%	2.90%
GQG PARTNERS EMERGING MARKETS EQUITY FUNDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.28%	1.33%	1.81%	1.72%	1.76%	1.77%	1.79%	1.77%	1.54%	1.53%	1.49%	1.29%	1.04%
APMS INVESTMENT FUND LIMITEDForeign portfolio investors, category I	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	1.29%	–	–	–	–	–	–	–	–	–	–	–	–	–
LTS INVESTMENT FUND LTDInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.09%	1.09%	1.09%	1.09%	1.09%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ASIA INVESTMENT CORPORATION (MAURITIUS) LTDInstitutions Foreign Portfolio Investor	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.05%	1.05%	1.05%	1.05%	1.19%	1.19%	1.19%	1.19%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ELARA INDIA OPPORTUNITIES FUND LIMITEDInstitutions Foreign Portfolio Investor	3.24%	3.08%	3.12%	3.10%	3.11%	3.31%	3.31%	3.30%	3.03%	3.03%	3.03%	3.03%	3.03%	3.03%	3.26%	3.26%	2.68%	2.35%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
LIFE INSURANCE CORPORATION OF INDIAFinancial Institution Or Banks	1.96%	1.78%	1.78%	1.78%	1.78%	1.78%	1.78%	1.78%	1.78%	1.61%	1.56%	1.56%	1.56%	1.56%	1.56%	1.56%	1.56%	1.56%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
CRESTA FUND LTDInstitutions Foreign Portfolio Investor	–	1.97%	2.02%	2.02%	1.82%	1.58%	1.58%	1.17%	1.17%	1.17%	1.17%	1.17%	1.22%	1.22%	1.25%	1.25%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
OPEAL INVESTMENT PVT LTDOther Institutions	–	–	–	–	–	–	–	–	–	–	–	–	5.53%	5.53%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
EMERGING INDIA FOCUS FUNDSInstitutions Foreign Portfolio Investor	3.26%	2.75%	2.75%	2.34%	1.88%	1.21%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
EM RESURGENT FUNDInstitutions Foreign Portfolio Investor	–	1.15%	1.16%	1.10%	1.10%	1.10%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
ALBULA INVESTMENT FUND LTDInstitutions Foreign Portfolio Investor	2.28%	1.91%	1.90%	1.62%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
OPAL INVETMENTS PVT LTDOther Institutions	6.09%	5.53%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
CRESTA FUND LYDInstitutions Foreign Portfolio Investor	1.95%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
VESPERA FUND LIMITEDInstitutions Foreign Portfolio Investor	1.02%	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–

A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here: each fund's holding is on the Mutual funds tab, from its own portfolio. A dash is a filing that did not name the holder, which includes holding under one per cent.

Who moved in the Sep 2026 filing

Against the Jun 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

Foreign institutions: GQG PARTNERS EMERGING MARKETS EQUITY FUND 1.04%, −0.25 pts; GOLDMAN SACHS TRUST II - GOLDMAN SACHS GQG PARTNER 2.90%, −0.13 pts