Description

NSE notifies listing of 13,74,58,427 equity shares of Adani Enterprises Limited arising from conversion of partly paid-up equity shares to fully paid-up equity shares, effective March 25, 2026.

Summary

NSE has notified the listing of 13,74,58,427 equity shares of Adani Enterprises Limited (Symbol: ADANIENT) on the Capital Market segment with effect from March 25, 2026. These shares arise from the conversion of partly paid-up equity shares to fully paid-up equity shares under ISIN INE423A01024.

Key Points

  • 13,74,58,427 new equity shares of Adani Enterprises Limited admitted to trading on NSE Capital Market segment
  • Shares result from conversion of partly paid-up equity shares to fully paid-up equity shares
  • Symbol: ADANIENT, Series: EQ, ISIN: INE423A01024
  • Face value and paid-up value: Re. 1/- per share
  • Market lot: 1 share
  • Pari passu with existing equity shares
  • No lock-in applicable
  • Distinctive numbers range: 1,20,97,86,112 to 1,34,72,44,538
  • Shares were temporarily credited under ISIN IN8423A01015 (temporary ISIN for partly paid-up shares)

Regulatory Changes

No new regulatory changes. This circular is issued in pursuance of:

  • Regulation 3.1.1 of NSE (Capital Market) Trading Regulations Part A — admission of securities to dealings
  • Regulation 2.5.5 of NSE (Capital Market) Trading Regulations Part A — lot sizes

The temporary ISIN (IN8423A01015) used for dematerialized allotment will be replaced by the permanent ISIN (INE423A01024) in accordance with SEBI circulars CIR/MRD/DP/21/2012 (August 02, 2012) and CIR/MRD/DP/24/2012 (September 11, 2012).

Compliance Requirements

  • Members must use the designated security code ADANIENT and series EQ for all trading in these shares
  • Trading must be conducted in the specified lot size of 1 share
  • No action required from investors holding shares under the temporary ISIN — migration to permanent ISIN is handled by depositories

Important Dates

  • Circular Date: March 24, 2026
  • Effective Date for Trading: March 25, 2026

Impact Assessment

The listing adds approximately 13.75 crore equity shares of Adani Enterprises Limited to the tradeable float on NSE. As a conversion of partly paid-up shares (already allotted and temporarily credited), this is not a fresh issuance and does not directly raise new capital. The market impact is expected to be moderate — the shares were already accounted for in the company’s capital structure but will now be fully tradeable. Investors holding the temporary ISIN will see their holdings migrated to the permanent ISIN.

Impact Justification

Routine listing of additional shares from conversion of partly paid-up to fully paid-up equity shares for a major index constituent; increases floating supply but is a pre-announced corporate action.