adani enterprises news

Exchanges fine Adani Enterprises for non-compliance of Sebi listing norms

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Exchanges fine Adani Enterprises for non-compliance of Sebi listing norms

Exchanges BSE and NSE imposed penalty on Adani group’s flagship entity Adani Enterprises for non-compliance of Sebi listing rules relating to appointment of directorship. Both the exchanges have levied a fine of Rs 28,000 each. Sebi rules state that no listed entity shall appoint a person or continue the directorship as a non-executive director who … Read more

After 2 months, Adani Enterprises moved back to short-term surveillance by bourses

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After 2 months, Adani Enterprises moved back to short-term surveillance by bourses

MUMBAI: Shares of Adani Enterprises have been placed under the short-term additional surveillance framework by stock exchanges with effect from Thursday. Stocks are moved into the short-term or long-term additional surveillance framework by exchanges in order to warn investors of unusual movement in share prices. The stock exchanges place trading restrictions to curb volatility and … Read more