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

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

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

Adani Enterprises tops new peak on Nifty50 inclusion announcement

Adani Enterprises tops new peak on Nifty50 inclusion announcement

Shares of Adani Group’s flagship firm hit a new peak on Friday after the announcement of its inclusion in the Nifty50 index in the upcoming rejig. Adani Enterprises led by Gautam Adani, Asia’s richest and world’s third, will become part of Nifty50 from September 30, its upcoming periodical review. Adani Enterprises will replace , a … Read more