Adani Enterprises Limited has announced the successful completion of its Composite Scheme of Arrangement effective April 1, 2026. Following the order from the National Company Law Tribunal, the company has finalized the amalgamation of Adani Green Technology Limited and Adani Emerging Businesses Private Limited into the firm. Consequently, the company will issue approximately 9,011,048 equity shares to eligible shareholders of Adani Emerging Businesses Private Limited, with a scheduled record date of April 14, 2026.
Scheme Implementation and Consolidation
Following the formal sanctioning of the Composite Scheme of Arrangement, Adani Enterprises Limited has confirmed the effective date of the restructuring as April 1, 2026. This strategic realignment involves the amalgamation of Adani Green Technology Limited (AGTL) and Adani Emerging Businesses Private Limited (AEBPL) into the parent company. Simultaneously, Adani Tradecom Limited (ATL) has been merged into Adani New Industries Limited (ANIL), with all mentioned entities subsequently dissolved without being wound up.
Allotment of Equity Shares
As a result of this merger, equity shareholders of AEBPL are set to receive new shares in Adani Enterprises Limited. The company has designated April 14, 2026, as the Record Date to determine the eligibility of shareholders for this allotment. The Management Committee of the Board of Directors is scheduled to meet on April 15, 2026, to formally approve the issuance.
Share Issuance Details
The total issuance will involve approximately 9,011,048 equity shares, each with a face value of Re. 1/-. These shares will be issued as fully paid-up instruments in accordance with the pre-determined share exchange ratio outlined in the approved Composite Scheme. This consolidation is expected to streamline the company’s business structure and enhance shareholder value.
Source: BSE
