Investor Presentaiton

Adani Enterprises: Evolution 1996 2018 • Demerger of Adani Green Energy & Adani Gas 2010 QIP of $ 850 mn Acquired Carmichael Coal Mine Won First Coal MDO contract 2007 . APSEZ IPO subscribed 116x FCCB Issue of $ 250 mn 2001 Adani Gas Started Bonus Issue of 1:1 Nov-1994 listed on BSE & NSE @ Rs 150/share Subscribed 25x adani 2017 Solar Mfg plant commissioned 2015 Demerger of APSEZ, APL & ATL 2009 • APL IPO subscribed 21x Bonus Issue of 1:1 2006 Stock Split Ratio 10: 1 1999 • Signed JV with Wilmar, Singapore • Bonus Issue of 1:1 6

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