Among the shares of the remaining two Group companies, Adani Ports and Special Economic Zone (SEZ) was down 5 per cent to Rs 726.50 on the BSE and Adani Enterprises
fell 3 per cent in intra-day trade today. The latter was quoting less than 1 per cent lower at Rs 1,530 at 11:12 am, as compared to 0.40 per cent decline in the S&P BSE Sensex. The stocks of Adani Ports and SEZ and Adani Enterprises
are part of the future and options (F&O) segment and price bands or circuit filters are generally not applied on them.
“We wish to inform you that the status of the Demat account of your shareholders may be verified from NSDL DPM (SHR) system available with your Registrar & Transfer Agent (RTA) and the beneficiary position details downloaded to your RTA. The current status of the Demat accounts of the shareholders is available in the DPM (SHR) system. As may be verified from the said system, the status of Demat accounts mentioned in your trail email are held in 'Active" status in NSDL system. Further, the below Demat accounts are in 'Suspended for Debit' status in terms of SEBI order no. WTM/PS/58/IVD/JUN/2016 dated June 16, 2016,” NDSL said. CLICK HERE FOR MORE
"We regret to mention that these reports are blatantly erroneous and is done to deliberately mislead the investing community. This is causing irreparable loss of economic value to the investors at large and reputation of the group,” Adani Enterprises
and other group companies said on clarification on the news
article published in ET CLICK HERE FOR FULL CLARIFICATION
Meanwhile, the stock of Adani Enterprises has rebounded 28 per cent from its low of Rs 1,201, touched in intra-day trade on Monday. Regarding the airport business IPO, Adani Enterprises, in a separate regulatory filing clarified that the Company regularly evaluates all opportunities across its various businesses with the objective of enhancing shareholders' value. The Company's business model for last 25 years is to demerge matured business vertical, it said.
On the proposed listing of Adani Wilmar Limited, a 50:50 Joint Venture of the Company with Wilmar group, Singapore. Adani Enterprises clarified that the Company regularly evaluates all opportunities across its various businesses with the objective of enhancing shareholders' value and this may involve discussions with various parties and stakeholders at different points in time. Such discussions may not always culminate in transactions and accordingly we would like to avoid speculative updates, it said.
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