Adani Enterprises Limited has informed the Exchange about Effective Date of the Composite Scheme of Arrangement
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Adani Enterprises Limited has announced that its 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 from April 01, 2026. As a result, Adani Green Technology Limited and Adani Emerging Businesses Private Limited stand amalgamated with Adani Enterprises, while Adani Tradecom Limited is amalgamated with Adani New Industries Limited. These three entities (AGTL, AEBPL, and ATL) stand dissolved without being wound up. Approximately 90,11,048 equity shares of Re. 1/- each will be allotted to eligible shareholders of AEBPL, with April 14, 2026 as the Record Date and April 15, 2026 as the date for the Management Committee meeting to approve the share allotment.
This internal group restructuring consolidates multiple subsidiaries into Adani Enterprises, potentially simplifying the corporate structure and streamlining operations. Existing shareholders of AEBPL will receive Adani Enterprises shares, which may have a positive impact on liquidity and valuation.