Adani Enterprises Limited has announced that the Composite Scheme of Arrangement, which involves several entities within the Adani Group, has become effective as of April 1, 2026. This development marks a significant step in the corporate restructuring of the group.
The scheme, sanctioned by the National Company Law Tribunal, Ahmedabad Bench, involves the amalgamation of Adani Green Technology Limited (AGTL) and Adani Emerging Businesses Private Limited (AEBPL) with Adani Enterprises. Additionally, Adani Tradecom Limited (ATL) is amalgamated with Adani New Industries Limited (ANIL). As a result, AGTL, AEBPL, and ATL stand dissolved without being wound up.
April 1, 2026, has been designated as both the Effective Date and the Appointed Date for the purposes of the Composite Scheme. Following the scheme’s effectiveness, equity shareholders of AEBPL, whose names appear in the Register of Members as of April 14, 2026, will be entitled to receive equity shares of Adani Enterprises.
The Management Committee of Adani Enterprises’ Board of Directors is scheduled to meet on April 15, 2026, to approve the allotment of 90,11,048 equity shares, each with a face value of Re. 1, to eligible AEBPL shareholders. This allotment will be conducted in accordance with the share exchange ratio outlined in the approved Composite Scheme.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).