Adani Enterprises Share Price in Focus After Composite Scheme Sanctioned by NCLT

Written by: Team Angel OneUpdated on: 17 Mar 2026, 3:06 pm IST
NCLT sanctions Adani Enterprises' Composite Scheme involving amalgamation of multiple Adani entities, effective March 16, 2026.
Adani Enterprises Share Price
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Adani Enterprises Limited has announced that the Hon’ble National Company Law Tribunal (NCLT), Ahmedabad Bench, has sanctioned its Composite Scheme of Arrangement.  

This scheme involves several Adani entities and aims to streamline operations and enhance shareholder value. 

Details of the Composite Scheme 

The Composite Scheme of Arrangement involves Adani Green Technology Limited (AGTL), Adani Emerging Businesses Private Limited (AEBPL), Adani Enterprises Limited (AEL), Adani Tradecom Limited (ATL), and Adani New Industries Limited (ANIL).  

The scheme has been sanctioned by the NCLT on March 16, 2026, and awaits a certified copy of the order. 

Under this scheme, AGTL and AEBPL will be amalgamated into AEL. All equity shares issued by AGTL held by ATL will be cancelled.  

As consideration for the amalgamation of AEBPL, AEL will issue 11 equity shares for every 553 equity shares held by AEBPL shareholders. 

Amalgamation of ATL and ANIL 

Additionally, ATL will be amalgamated into ANIL. For this amalgamation, ANIL will issue 1 equity share for every 10 equity shares held by ATL shareholders.  

This restructuring is designed to enhance operational efficiency and streamline the corporate structure. 

Effective Date and Further Steps 

The Effective Date of the Composite Scheme will be the last date on which all necessary approvals and conditions are met.  

This date will also serve as the Appointed Date. Adani Enterprises will notify the stock exchanges once the scheme becomes effective. 

Read More: Adani Ports Share Price in Focus; Announces Final Results of Cash Tender Offers! 

Adani Enterprises Share Price Performance  

As of March 16, 2026, at 3:30 PM, Adani Enterprises share price on NSE was closed at ₹1,978.00 up by 0.86% from the previous closing price. 

Conclusion 

The sanctioning of the Composite Scheme by the NCLT marks a significant step in Adani Enterprises' strategic restructuring efforts. By amalgamating various entities, the company aims to enhance operational efficiency and shareholder value. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Mar 17, 2026, 9:34 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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