Adani Enterprises announced that pursuant to the allotment of further equity shares by Jhar Mineral Resources, a wholly owned subsidiary company (JMRPL), the Company`s stake in JMRPL has been diluted to 51%. Accordingly, effective today i.e. 27 December 2024, JMRPL will be a subsidiary (and not a wholly owned subsidiary) of the Company.Powered by Capital Market - Live News

Adani Enterprises (AEL) has acquired 26% stake in Gidhmuri Paturia Collieries (GPCPL) from Sainik Mining and Allied Services. Consequent to the above, GPCPL became a wholly owned subsidiary of the Company.Powered by Capital Market - Live News

Adani Enterprises has received reaffirmation in credit rating at Acutie A1+ and change in outlook to rating watch with developing implications for the company`s commercial paper program of Rs 2,000 crore. Powered by Capital Market - Live News

Net profit of Adani Enterprises rose 664.53% to Rs 1741.75 crore in the quarter ended September 2024 as against Rs 227.82 crore during the previous quarter ended September 2023. Sales rose 15.66% to Rs 22608.07 crore in the quarter ended September 2024 as against Rs 19546.25 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales22608.0719546.25 16 OPM %16.6612.43 - PBDT3444.081636.06 111 PBT2408.89879.10 174 NP1741.75227.82 665 Powered by Capital Market - Live News

The Board of Adani Enterprises at the meeting held on 29th October 2024 has decided to withdraw the draft Scheme of Arrangement among Adani Enterprises Limited and Adani Wilmar Limited and their respective shareholders & creditors (�draft Scheme�) that was approved by the Board in their meeting held on 1st August, 2024. The Board noted that Adani Wilmar Limited (AWL) requires to fulfill its compliance obligations regarding Minimum Public Shareholding (MPS). During the period in which AWL is implementing the MPS strategy in accordance with the relevant SEBI Circulars, in order to offer directional clarity to shareholders, the draft Scheme is hereby withdrawn.Powered by Capital Market - Live News