Adani Enterprises has received approval from the National Company Law Tribunal (NCLT) to convene a meeting of equity shareholders regarding the proposed Composite Scheme of Arrangement. The meeting will be held on December 29, 2025, at 11:00 a.m. IST via video conference. This scheme involves Adani Green Technology, Adani Emerging Businesses, Adani Tradecom, and Adani New Industries, aiming to consolidate various businesses.
NCLT Greenlights Shareholder Meeting
The National Company Law Tribunal (NCLT) has directed Adani Enterprises to hold a meeting with its equity shareholders to discuss and approve the proposed Composite Scheme of Arrangement. The order was received on November 14, 2025.
Meeting Details
The meeting is scheduled for Monday, December 29, 2025, at 11:00 a.m. IST. It will be conducted through Video Conference/Other Audio-Visual Means.
Scheme Overview
The Composite Scheme of Arrangement involves several Adani Group entities, including:
- Adani Green Technology Limited (Amalgamating Company 1)
- Adani Emerging Businesses Private Limited (Amalgamating Company 2)
- Adani Enterprises Limited (Amalgamated Company)
- Adani Tradecom Limited (Transferor Company)
- Adani New Industries Limited (Transferee Company)
The arrangement aims to consolidate and streamline operations among these entities. The meeting will allow equity shareholders to consider and potentially approve the proposed scheme, with or without modifications.
Source: BSE