Investor Relations | Adani Electricity

Investor-Relations

At AEML, we look forward to mutually beneficial partnerships to help us realise our vision and enhance our performance consistently. AEML wants our Investors to stay updated with all the relevant financial reports and presentations by us. Read on to learn about our Governance Policies, Board of Directors, FAQs and more.

Company Information

Adani Electricity Mumbai Ltd

CIN: U74999GJ2008PLC107256

Registered Office: Adani Corporate House, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar Ahmedabad Gujarat 382421

Corporate Office Address: Devidas Lane, Off SVP Road, Near Devidas Telephone Exchange, Borivali (W), Mumbai 400 103, Maharashtra, India Tel +91 22 50549999
Corporate Governance
Operational Parameters
- Revenue Parameters
- AEML Q4 and FY21 Operationa Parameters
Corporate Policies related to Good Governance

Board of Directors

Adani Electricity Mumbai Limited Brief Profile of Directors

Name	Brief Write up on the Director	Photograph
Mr. Anil Sardana Chairman Non-Executive Director	Mr. Anil Sardana, aged 60, comes with over 3 decades of experience in the power and infrastructure sector. He started his career with NTPC and subsequently worked with BSES and Tata Group companies in the power and Infra sector, ranging from generation, power systems design, power distribution, Telecom and project management. Prior to joining the Adani Group, he was the MD & CEO of Tata Power Group based out of Mumbai. Mr. Anil Sardana does not hold any shares in Adani Electricity Mumbai Limited
Mr. Kandarp Patel Managing Director and CEO	Mr. Kandarp Patel, aged 47, holds a Bachelor’s Degree in Electrical Engineering from Birla Viswakarma Mahavidhyalaya Engineering College and an MBA in Finance from G.H. Patel PG Institute of Business Management. Mr. Patel has a total of more than 17 years of experience in the areas of Power Trading, Fuel Management, Legal and Regulatory and Commercial aspects of the Power Business. Mr. Kandarp Patel does not hold any shares in Adani Electricity Mumbai Limited
Mr. Sagar Adani Non-Executive Director	Mr. Sagar Adani, aged 25, joined the Adani Group in 2015 after graduating in Economics from Brown University, USA. Having started off his career in Projects, he is credited with building the entire solar and wind portfolio of Adani Green Energy. Mr. Sagar Adani does not hold any shares in Adani Electricity Mumbai Limited
Mr. Kalaikuruchi Jairaj Independent Director	Mr. K Jairaj, aged 67, a member of the 1976 batch. of the Indian Administrative Service , has held distinguished appointments in the infrastructure, energy, transport and urban development sectors, including a role as Additional Chief Secretary, Energy Department and Chairman, BESCOM, Managing Director, Bangalore International Airport Ltd; Managing Director, Karnataka Power Corporation Ltd; Managing Director, Karnataka State Road Transport Corporation; Commissioner, Bangalore City Corporation for two terms; Commissioner for Commercial Taxes and Principal Secretary to the Chief Minister. With N.R. Narayanamurthy, Chairman Emeritus of Infosys, Mr. Jairaj established the Bangalore International Airport Limited, India’s first greenfield airport on public private partnership basis with Siemens, Germany Mr. K Jairaj does not hold any shares in Adani Electricity Mumbai Limited
Mrs. Chandra Iyengar Independent Director	Mrs. Chandra Iyengar holds degree in MA from Miranda House, New Delhi and is an officer of the 1973 batch of the Indian Administrative Services (IAS). Over the course of her career, she has led several departments in the Government of Maharashtra and the Government of India, such as Women & Child Development, Higher & Technical Education, Rural Development, and Health. As the Secretary for Women & Child Development for the Government of Maharashtra, she was responsible for drafting and implementing the first-ever state policy for women’s empowerment in India. She has served as Additional Chief Secretary – Home Ministry for the Government of Maharashtra and as a Director on the Board of Bharat Heavy Electricals Limited (BHEL) and also as a Chairperson for the Maharashtra Energy Regulatory Commission (MERC). Mrs. Chandra Iyengar does not hold any shares in Adani Electricity Mumbai Limited
Mr. Quinton Choi Non Executive Director	Mr. Quinton Choi is a manager at Qatar Investment Authority (‘QIA’). He has over 13 years of principal investing and investment banking experience in power, utilities and infrastructure. Prior to joining QIA in 2014, Quinton was a Vice President at Barclays. He has also worked at Dresdner Kleinwort and China Earthcare Capital. Quinton holds a Bachelor of Science Economics degree at the London School of Economics and Political Science.
Mr. Kenneth McLaren Non Executive Director	Mr. Ken McLaren is Chief, Investment Execution and a member of Executive Committee for QIA. Ken joined QIA in 2018 and has over 20 years of combined principal investing and investment banking experience. Prior to joining QIA, Ken was a Managing Director at Merrill Lynch in a variety of roles including Head of Infrastructure M&A in EMEA. Ken holds a Bachelor of Commerce (Hons.) from Queen’s University in Canada and is a Chartered Financial Analyst holder.

Name Mr. Anil Sardana Chairman Non-Executive Director
Brief Write up on the Director Anil Sardana, aged 60, comes with over 3 decades of experience in the power and infrastructure sector. He started his career with NTPC and subsequently worked with BSES and Tata Group companies in the power and Infra sector, ranging from generation, power systems design, power distribution, Telecom and project management. Prior to joining the Adani Group, he was the MD & CEO of Tata Power Group based out of Mumbai.
Mr. Anil Sardana does not hold any shares in Adani Electricity Mumbai Limited
Photograph

Name Mr. Kandarp Patel Managing Director and CEO
Brief Write up on the Director Mr. Kandarp Patel, aged 47, holds a Bachelor’s Degree in Electrical Engineering from Birla Viswakarma Mahavidhyalaya Engineering College and an MBA in Finance from G.H. Patel PG Institute of Business Management. Mr. Patel has a total of more than 17 years of experience in the areas of Power Trading, Fuel Management, Legal and Regulatory and Commercial aspects of the Power Business.
Mr. Kandarp Patel does not hold any shares in Adani Electricity Mumbai Limited
Photograph

Name Mr. Sagar Adani Non-Executive Director
Brief Write up on the Director Mr. Sagar Adani, aged 25, joined the Adani Group in 2015 after graduating in Economics from Brown University, USA. Having started off his career in Projects, he is credited with building the entire solar and wind portfolio of Adani Green Energy.
Mr. Sagar Adani does not hold any shares in Adani Electricity Mumbai Limited
Photograph

Name Mr. Kalaikuruchi Jairaj Independent Director
Brief Write up on the Director Mr. K Jairaj, aged 67, a member of the 1976 batch. of the Indian Administrative Service , has held distinguished appointments in the infrastructure, energy, transport and urban development sectors, including a role as Additional Chief Secretary, Energy Department and Chairman, BESCOM, Managing Director, Bangalore International Airport Ltd; Managing Director, Karnataka Power Corporation Ltd; Managing Director, Karnataka State Road Transport Corporation; Commissioner, Bangalore City Corporation for two terms; Commissioner for Commercial Taxes and Principal Secretary to the Chief Minister. With N.R. Narayanamurthy, Chairman Emeritus of Infosys, Mr. Jairaj established the Bangalore International Airport Limited, India’s first greenfield airport on public private partnership basis with Siemens, Germany
Mr. K Jairaj does not hold any shares in Adani Electricity Mumbai Limited
Photograph

Name Mrs. Chandra Iyengar Independent Director
Brief Write up on the Director Mrs. Chandra Iyengar holds degree in MA from Miranda House, New Delhi and is an officer of the 1973 batch of the Indian Administrative Services (IAS). Over the course of her career, she has led several departments in the Government of Maharashtra and the Government of India, such as Women & Child Development, Higher & Technical Education, Rural Development, and Health. As the Secretary for Women & Child Development for the Government of Maharashtra, she was responsible for drafting and implementing the first-ever state policy for women’s empowerment in India.
She has served as Additional Chief Secretary – Home Ministry for the Government of Maharashtra and as a Director on the Board of Bharat Heavy Electricals Limited (BHEL) and also as a Chairperson for the Maharashtra Energy Regulatory Commission (MERC).
Mrs. Chandra Iyengar does not hold any shares in Adani Electricity Mumbai Limited
Photograph

Name Mr. Quinton Choi Non Executive Director
Brief Write up on the Director Mr. Quinton Choi is a manager at Qatar Investment Authority (‘QIA’). He has over 13 years of principal investing and investment banking experience in power, utilities and infrastructure. Prior to joining QIA in 2014, Quinton was a Vice President at Barclays. He has also worked at Dresdner Kleinwort and China Earthcare Capital. Quinton holds a Bachelor of Science Economics degree at the London School of Economics and Political Science.
Photograph

Name Mr. Kenneth McLaren Non Executive Director
Brief Write up on the Director Mr. Ken McLaren is Chief, Investment Execution and a member of Executive Committee for QIA. Ken joined QIA in 2018 and has over 20 years of combined principal investing and investment banking experience. Prior to joining QIA, Ken was a Managing Director at Merrill Lynch in a variety of roles including Head of Infrastructure M&A in EMEA. Ken holds a Bachelor of Commerce (Hons.) from Queen’s University in Canada and is a Chartered Financial Analyst holder.
Photograph

Key Managerial Information

Name	Brief Write up on the Director	Photograph
Mr Kandarp Patel Managing Director and CEO	Mr. Kandarp Patel, aged 47, holds a Bachelor’s Degree in Electrical Engineering from Birla Viswakarma Mahavidhyalaya Engineering College and an MBA in Finance from G.H. Patel PG Institute of Business Management. Mr. Patel has a total of more than 17 years of experience in the areas of Power Trading, Fuel Management, Legal and Regulatory and Commercial aspects of the Power Business.
Mr. Kunjal Mehta CFO	Mr. Kunjal Mehta is a qualified Chartered Accountant and Cost Accountant with over 24 years of work experience. In his previous positions, he has worked with Adani Ports & SEZ and Essar Steel. His expertise lies in the domains of Finance Resource Mobilization, Working Capital Management, Financial Planning & Analysis, Auditing & Budgetary Controls, Compliance and Risk Management functions of Business.
Mr. Jaladhi Shukla Company Secretary	Mr. Jaladhi Shukla is a Fellow Member of The Institute of Company Secretaries of India (ICSI), New Delhi, a Post Graduate in Finance (PGDBA) from Symbiosis, Pune and a Graduate in Law (LL.B.) from the Gujarat University, Ahmedabad. Mr. Shukla possess over 18 years of diversified experience in handling critical assignments both Indian and Overseas with leading corporates. He has handled number of Mergers and Amalgamations (M&A), Corporate Restructuring, New Acquisitions and Takeovers, Joint Ventures, FEMA matters, Inspections and Investigations, Due diligence and fund raising programs like IPOs, QIPs, FCCBs and debt securities. He has made significant

Board and Committee Charters

Committee Composition:

1. Audit Committee of Director

Name	Position on Committee
Mr. K Jairaj (Non-Executive & Independent Director)	Chairman
Mrs. Chandra Iyengar (Non-Executive & Independent Director)	Member
Mr. Sagar Adani Director	Member

2. Nomination & Remuneration Committee of Directors:

Name	Position on Committee
Mr. K Jairaj (Non-Executive & Independent Director)	Chairman
Mrs. Chandra Iyengar (Non-Executive & Independent Director)	Member
Mr. Sagar Adani Director	Member
Mr. Quinton Choi Director	Member

3. Corporate Social Responsibility Committee of Directors:

Name	Position on Committee
Mr. Kandarp Patel (Managing Director & CEO)	Chairman
Mr. K Jairaj (Non-Executive & Independent Director)	Member
Mr. Sagar Adani Director	Member
Mr. Quinton Choi Director	Member

Name Mr. K Jairaj (Non-Executive & Independent Director)
Position on Committee Chairman

Name Mrs. Chandra Iyengar (Non-Executive & Independent Director)
Position on Committee Member

Name Mr. Sagar Adani (Director)
Position on Committee Member

Name Mr. K Jairaj (Non-Executive & Independent Director)
Position on Committee Chairman

Name Mrs. Chandra Iyengar (Non-Executive & Independent Director)
Position on Committee Member

Name Mr. Sagar Adani (Director)
Position on Committee Member

Name Mr. Quinton Choi (Director)
Position on Committee Member

Name Mr. Kandarp Patel (Maganing Director & CEO)
Position on Committee Chairman

Name Mr. K Jairaj (Non-Executive & Independent Director)
Position on Committee Member

Name Mr. Sagar Adani (Director)
Position on Committee Member

Name Mr. Quinton Choi (Director)
Position on Committee Member

Investor Downloads
Financial Information
- FY : 2022-23
- FY : 2021-22
- FY : 2020-21
- FY : 2019-20
- Annual Reports
- Annual Return
- Compliance Certificate
- Assurance Report
  - AEML Annual Assurance Report FY 2022-23
  - AEML Annual Assurance Report FY 2021-22
- Investor Presentation

Investor FAQs

When does the financial year of Company ends?

The financial year of the Company ends on March 31.
Where can I obtain information on the financial results of the Company?

The quarterly and annual financial results can be accessed under "Financial Section" of the website at www.adanielectricity.com..
Who are your Statutory auditors?

Statutory Auditors of the Company is Walker Chandiok & Co LLP, Chartered Accountants, New Delhi
When is the Annual General Meeting (AGM) held?

AGM related updates can be obtained by downloading the Annual Report of the Company from the “Finance Section” of the website at www.adanielectricity.com.
What is Company’s ISIN code?

ISIN code is INE732Y01010.