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Adani Enterprises Ltd (ADEL.NS)

ADEL.NS on National Stock Exchange of India

204.40INR
23 Jan 2018
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Latest Key Developments (Source: Significant Developments)

India's Adani Enterprises Dec-Qtr Consol Profit Rises
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - Adani Enterprises Ltd ::DEC QUARTER CONSOL NET PROFIT 3.51 BILLION RUPEES VERSUS 3.40 BILLION RUPEES LAST YEAR.SAYS APPROVED COMPOSITE SCHEME OF ARRANGEMENT AMONG ADANI GAS HOLDINGS, ADANI GAS LTD, ADANI ENTERPRISES.DEC QUARTER CONSOL REVENUE FROM OPERATIONS 99.38 BILLION RUPEES VERSUS 86.06 BILLION RUPEES LAST YEAR.SAYS COAL TRADING VOLUMES LOWER BY 2 PERCENT TO 16.4 MILLION METRIC TONS IN QUARTER.SAYS UPON DEMERGER, SHARES OF ADANI GAS LTD WILL BE LISTED ON BSE, NSE.ADANI ENTERPRISES - PURSUANT TO DEMERGER, AGL WILL ISSUE SHARES TO AEL IN EXCHANGE RATIO OF 1:1.  Full Article

India's Adani Enterprises Sept-qtr consol profit falls
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Adani Enterprises Ltd ::Sept quarter consol net profit 590.8 million rupees versus 630.9 million rupees last year.Sept quarter consol revenue from operations 90.83 billion rupees versus 75.94 billion rupees last year.  Full Article

Adani Enterprises consol Dec-qtr profit up about 62 pct
Tuesday, 14 Feb 2017 

Adani Enterprises Ltd : Consol Dec quarter net profit 3.40 billion rupees . Consol Dec quarter total income from operations 86.06 billion rupees .Consol net profit in Dec quarter last year was 2.10 billion rupees as per Ind-AS; total income from operations was 78.95 billion rupees.  Full Article

Adani Enterprises comments on Australian federal court decision on Carmichael mine
Monday, 29 Aug 2016 

Adani Enterprises Ltd : If better quality coal from Australia not sourced in Queensland, lower quality coal from elsewhere in world will be used . Time has come for will of communities who are crying out for these projects to proceed to have their voices heard . Adani stands ready to deliver on long term future with Queensland, pending resolution of small number of outstanding legal challenges .  Full Article

Adani Enterprises posts flat June-qtr consol profit
Wednesday, 10 Aug 2016 

Adani Enterprises Ltd : June-quarter consol net profit 3.64 billion rupees . June-quarter consol net sales 88.85 billion rupees . Consol net profit in June quarter last year was 3.64 billion rupees as per Ind-AS; consol net sales was 88.29 billion rupees . The profit alert was first sourced from TV and later confirmed from a press release at the NSE .  Full Article

Adani Wilmar and Ruchi Soya establishes JV Company
Wednesday, 25 May 2016 

Adani Wilmar: Wilmar international limited (Adani Wilmar and Ruchi Soya propose to join hands to create one of India's leading fmcg companies) . proposed that Adani and Wilmar will, through Adani Wilmar, jointly hold an equity stake of 66.66% in jv co, and Ruchi Soya will hold 33.34% . a non-binding term sheet has been signed in this regard .  Full Article

Adani Enterprises Ltd - Australia's green groups keep heat on Adani after mine approval - Reuters News
Sunday, 3 Apr 2016 

Adani Enterprises Ltd:Environmental campaigners say they hope two outstanding court cases can still stop India's Adani Enterprises Ltd from developing a A$10 billion ($7.6 billion) coal project, even after it received a key state government approval.- RTRS.The granting of a mining lease by the state government marked another step in Adani's long-running bid for approval to mine and ship an estimated 11 million tonnes of coal reserves, building roads, power lines and pipelines to do so.But activists - some 200 of which protested outside the Queensland parliament on Monday - say the ongoing federal court challenges could still throw Adani's plans into doubt.Benedict Coyne, a lawyer for the Wangan and Jagalingou people, who have rejected a land use agreement with Adani, said he was surprised a decision had come while the cases were still in process."If it is found that the decision was not made lawfully, then any (further) decisions are called into question," he said.Adani said in a statement on Sunday that it had a "clear and positive" commitment from the government and welcomed the approval as an important milestone.The group said it expected appeals to be resolved in 2016, allowing construction to begin in 2017.  Full Article

Adani Enterprises Ltd declares interim dividend
Tuesday, 15 Mar 2016 

Adani Enterprises Ltd:Declared interim dividend of 0.40 Indian rupees per equity share (i.e. 40%) of 1 Indian rupee each of the company for financial year 2015-16\.Says interim dividend shall be payable on and from March 28, 2016.  Full Article

Deals of the day-Mergers and acquisitions

Dec 21 The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday: