UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
Report of Foreign
Private Issuer
Pursuant to Rules 13a-16
or 15d-16 under
the Securities
Exchange Act of 1934
For the month
of March 2024
Commission File
Number: 001-37909
AZURE POWER GLOBAL LIMITED
8th Floor, Tower A, DLF Infinity Towers, DLF
Cyber City
DLF Phase – II
Gurugram – 122002, India
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
The following exhibits are furnished as part of this Current Report on Form 6-K:
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: March 11, 2024
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AZURE POWER GLOBAL LIMITED |
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By: |
/s/ Sugata Sircar |
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Name: |
Sugata Sircar |
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Title: |
Chief Financial Officer |
2
Exhibit 99.1
Nothing in this electronic transmission constitutes
or contemplates an offer to buy or the solicitation of an offer to sell securities in the United States or in any other jurisdiction.
This does not constitute and should not be
considered as an advertisement, invitation, sale, an offer to sell, offer to purchase, or a solicitation to sell or solicitation to purchase
or subscribe for securities (whether to the public or by way of private placement) within the meaning of the (Indian) Companies Act, 2013,
as amended from time to time or other applicable laws, regulations and guidelines of India, nor shall it or any part of it form basis
of or relied on in connection with any contract, commitment or any investment decision in relation thereto in India. The notes will not
be offered or sold, and have not been offered or sold in India by means of any offering document or other document or material relating
to the notes, directly or indirectly, to any person or to the public in India. This is not an offer document or an OM or a “private
placement offer cum application letter” or a “prospectus” under the (Indian) Companies Act, 2013, as amended from time
to time, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended from
time to time or any other applicable law in India and no such document will be circulated or distributed to any person in India. This
has not been and will not be registered as a “prospectus” or a statement in lieu of prospectus in respect of a public offer,
information memorandum or “private placement offer cum application letter” or any other offering material with any registrar
of companies in India, the Reserve Bank of India, the Securities and Exchange Board of India or any other statutory or regulatory body
of like nature in India, save and except for any information relating to the notes which is mandatorily required to be disclosed or filed
in India under any applicable Indian laws.
Singapore
Exchange Securities Trading Limited (“SGX-ST”) takes no responsibility for the contents of this announcement, makes no representation
as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance
upon the whole or any part of the contents of this announcement.
Announcement by
![](https://www.sec.gov/Archives/edgar/data/1633438/000117494724000327/ex99-1_001.jpg)
Azure Power Solar Energy Private Limited
(incorporated in Mauritius with limited
liability)
March 11, 2024
Azure Power Solar Energy Private Limited, a limited
liability company incorporated in the Mauritius (the “Company”), hereby announces the
settlement of its previously announced offer to purchase for cash (the “Tender Offer”), upon terms and subject
to the conditions set forth in the Tender Offer Memorandum dated February 16, 2024 (the “Tender Offer Memorandum”),
its outstanding 5.65% Senior Notes due 2024 issued by the Company (the “Notes”) issued under the indenture dated September
24, 2019, as supplemented on December 8, 2023. Capitalised terms used but not defined herein shall have the meanings given to them in
the Tender Offer Memorandum, which is available on the Tender Offer Website (https://projects.morrowsodali.com/azurepower), subject to
eligibility and registration.
Settlement and Notes Remaining Outstanding
Due to March 8, 2024 being a public holiday in
Mauritius, the Company paid on March 11, 2024 (the “Early Settlement Date”), the Tender Consideration plus accrued
interest up to but excluding the Early Settlement Date. Following the Early Settlement Date, US$310,101,000 in aggregate principal amount
of the Notes will remain outstanding.
As the Maximum Acceptance Amount was exceeded
at the Early Tender Deadline, the Company will not accept for purchase any Notes tendered after the Early Tender Deadline.
The Tender Offer will expire at 5:00 p.m. (New
York City time) on March 18, 2024, unless, at the sole discretion of the Company, extended, re-opened, or amended, subject to applicable
laws and as provided in the Tender Offer Memorandum.
All correspondence sent to the Information and
Tender Agent should be directed to the contact information below. Requests for additional copies of documentation may be directed to the
Information and Tender Agent at the e-mail address and telephone number specified on below. Electronic copies of all documents related
to the Tender Offer will be made available online at https://projects.morrowsodali.com/azurepower, subject to eligibility and registration.
Requests for information in
relation to the Tender Offer should be directed to: |
|
DEALER MANAGER
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The Hongkong and Shanghai Banking Corporation
Limited
Level 17, HSBC Main Building
1 Queen’s Road Central
Hong Kong
Phone: +852 3941 0223 (Hong Kong)
+44 207 992 6237 (London)
+1 212 525 5552
(New York)
US Toll Free:
1-888-HSBC-4LM
Email: liability.management@hsbcib.com |
|
Requests for information in relation to the procedures for tendering Notes and participating in the Tender Offer and the submission of an electronic instruction or submission should be directed to:
|
INFORMATION AND TENDER AGENT |
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Morrow Sodali Limited |
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In Hong Kong: |
In London: |
In Stamford: |
|
|
|
29/F
No. 28 Stanley
Street Central
Hong Kong
Telephone: +852
2319 4130 |
103 Wigmore Street
London
W1U 1QS
United Kingdom
Telephone: +44
20 4513 6933 |
333 Ludlow Street
South Tower,
5th Floor
Stamford, CT
06902
United States
Telephone: +1
203 658 9457 |
Email: azurepower@investor.morrowsodali.com
Tender Offer
Website: https://projects.morrowsodali.com/azurepower
Should you have
any questions, please contact the Information and Tender Agent at the contact details above. |
This notice is given by:
Azure Power Solar Energy Private Limited
Exhibit 99.2
Nothing in this electronic transmission constitutes
or contemplates an offer to buy or the solicitation of an offer to sell securities in the United States or in any other jurisdiction.
This does not constitute and should not be
considered as an advertisement, invitation, sale, an offer to sell, offer to purchase, or a solicitation to sell or solicitation to purchase
or subscribe for securities (whether to the public or by way of private placement) within the meaning of the (Indian) Companies Act, 2013,
as amended from time to time or other applicable laws, regulations and guidelines of India, nor shall it or any part of it form basis
of or relied on in connection with any contract, commitment or any investment decision in relation thereto in India. The notes will not
be offered or sold, and have not been offered or sold in India by means of any offering document or other document or material relating
to the notes, directly or indirectly, to any person or to the public in India. This is not an offer document or an OM or a “private
placement offer cum application letter” or a “prospectus” under the (Indian) Companies Act, 2013, as amended from time
to time, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended from
time to time or any other applicable law in India and no such document will be circulated or distributed to any person in India. This
has not been and will not be registered as a “prospectus” or a statement in lieu of prospectus in respect of a public offer,
information memorandum or “private placement offer cum application letter” or any other offering material with any registrar
of companies in India, the Reserve Bank of India, the Securities and Exchange Board of India or any other statutory or regulatory body
of like nature in India, save and except for any information relating to the notes which is mandatorily required to be disclosed or filed
in India under any applicable Indian laws.
Singapore
Exchange Securities Trading Limited (“SGX-ST”) takes no responsibility for the contents of this announcement, makes no representation
as to its accuracy or completeness and expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance
upon the whole or any part of the contents of this announcement.
Announcement by
Azure Power Energy Ltd
(incorporated in Mauritius with limited
liability)
March 11, 2024
Azure Power Energy Ltd, a limited liability company
incorporated in the Mauritius (the “Company”), hereby announces the early results of its previously announced offer
to purchase for cash (the “Tender Offer”), upon terms and subject to the conditions set forth in the Tender Offer Memorandum
dated February 16, 2024 (the “Tender Offer Memorandum”), its outstanding 3.575% Senior Notes due 2026 issued by the
Company (the “Notes”) issued under the indenture dated April 19, 2021, as supplemented on December 8, 2023. Capitalised
terms used but not defined herein shall have the meanings given to them in the Tender Offer Memorandum, which is available on the Tender
Offer Website (https://projects.morrowsodali.com/azurepower), subject to eligibility and registration.
Settlement and Notes Remaining Outstanding
Due to March 8, 2024 being a public holiday in
Mauritius, the Company paid on March 11, 2024 (the “Early Settlement Date”), the Tender Consideration plus accrued
interest up to but excluding the Early Settlement Date. Following the Early Settlement Date, approximately US$331,165,000 in aggregate
principal amount of the Notes will remain outstanding (following application of the Pool Factor).
As the Amended Maximum Acceptance Amount was exceeded
at the Early Tender Deadline, the Company will not accept for purchase any Notes tendered after the Early Tender Deadline.
The Tender Offer will expire at 5:00 p.m. (New
York City time) on March 18, 2024, unless, at the sole discretion of the Company, extended, re-opened, or amended, subject to applicable
laws and as provided in the Tender Offer Memorandum.
Subsequent Tender Offer
Following the completion of this Tender Offer,
the Company will separately make an offer to purchase an aggregate principal amount of U.S.$8,000,000 of the Notes by a date that is on
or prior to August 26, 2024 in order to satisfy the Section 3.12 of the Indenture.
All correspondence sent to the Information and
Tender Agent should be directed to the contact information below. Requests for additional copies of documentation may be directed to the
Information and Tender Agent at the e-mail address and telephone number specified on below. Electronic copies of all documents related
to the Tender Offer will be made available online at https://projects.morrowsodali.com/azurepower, subject to eligibility and registration.
Requests for information in
relation to the Tender Offer should be directed to: |
|
DEALER MANAGER |
|
The Hongkong and Shanghai Banking Corporation
Limited
Level 17, HSBC Main Building
1 Queen’s Road Central
Hong Kong
Phone: +852 3941 0223 (Hong Kong)
+44 207 992 6237 (London)
+1 212 525 5552
(New York)
US Toll Free:
1-888-HSBC-4LM
Email: liability.management@hsbcib.com |
|
Requests for information in relation to the procedures for tendering Notes and participating in the Tender Offer and the submission of an electronic instruction or submission should be directed to:
|
INFORMATION AND TENDER AGENT |
|
Morrow Sodali Limited |
|
In Hong Kong: |
In London: |
In Stamford: |
|
|
|
29/F
No. 28 Stanley
Street Central
Hong Kong
Telephone: +852
2319 4130 |
103 Wigmore Street
London
W1U 1QS
United Kingdom
Telephone: +44
20 4513 6933 |
333 Ludlow Street
South Tower,
5th Floor
Stamford, CT
06902
United States
Telephone: +1
203 658 9457 |
Email: azurepower@investor.morrowsodali.com
Tender Offer
Website: https://projects.morrowsodali.com/azurepower
Should you have
any questions, please contact the Information and Tender Agent at the contact details above. |
This notice is given by:
Azure Power Energy Ltd
Azure Power Global (NYSE:AZRE)
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