Adani Enterprises Limited has informed the Exchange regarding 'Meeting of Management Committee for Allotment of shares in accordance with the Composite Scheme'.
ADANIENT · price
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Adani Enterprises' Composite Scheme of Arrangement involving Adani Green Technology Limited, Adani Emerging Businesses Private Limited, Adani Tradecom Limited, and Adani New Industries Limited has become effective on April 01, 2026. Under the scheme, AGTL and AEBPL are amalgamated into AEL, while ATL is amalgamated into ANIL, with all three dissolving without winding up. AEBPL shareholders as of the Record Date (April 14, 2026) will receive approximately 90,11,048 equity shares of AEL (face value Re. 1 each) based on the share exchange ratio in the approved scheme. The Management Committee will meet on April 15, 2026 to approve the share allotment.
Shareholders of AEBPL will receive AEL shares as consideration, leading to consolidation of group entities under AEL. This simplifies the corporate structure and may dilute or consolidate holdings depending on the exchange ratio.