Adani enterprises has successfully completed the allotment of 90,11,048 equity shares following the approval of its Management Committee of the Board of Directors on April 15, 2026. The share allotment forms part of a Composite Scheme of Amalgamation that was sanctioned by the National Company Law Tribunal, Ahmedabad Bench on March 16, 2026.

Share Allotment Details

The newly allotted equity shares carry specific characteristics and will be distributed to eligible shareholders of Adani Emerging Business Private Limited based on the share exchange ratio specified in the amalgamation scheme.

Impact on Share Capital

The allotment has resulted in a significant increase in the company's paid-up share capital structure. The equity base expansion reflects the successful implementation of the court-approved amalgamation process.

Trading and Listing Arrangements

The newly allotted equity shares are proposed to be listed and traded on both BSE Limited and National Stock Exchange of India Limited. These shares will rank pari-passu with the existing equity shares of the company, ensuring equal rights and privileges for all shareholders.

Corporate Governance and Compliance

The Management Committee meeting that approved the allotment was conducted on April 15, 2026, commencing at 04:00 p.m. and concluding at 04:30 p.m. The company has fulfilled its disclosure obligations by informing both stock exchanges and uploading the intimation on its official website at www.adanienterprises.com .

The allotment represents the culmination of the amalgamation process that began with the company's earlier intimation dated April 01, 2026, demonstrating the systematic execution of the court-approved corporate restructuring initiative.

Adani Enterprises has announced the incorporation of four wholly owned subsidiaries through its step-down subsidiary Adani Airport City Limited, marking a strategic expansion into airport city development across key Indian markets. Each subsidiary has been established with a paid-up capital of ₹10.00 lakh, demonstrating the company's structured approach to airport-centric real estate and hospitality ventures.

New Subsidiary Details

The four newly incorporated entities represent strategic investments across major Indian cities with significant airport infrastructure:

Capital Structure and Shareholding

Each subsidiary maintains uniform capitalization structure with specific shareholding arrangements:

Business Operations Focus

The subsidiaries will engage in comprehensive real estate and hospitality operations, including real estate activities with own or leased property, construction of buildings, hotels and motels, and resorts providing short-term lodging facilities. This diversified approach positions the entities to capitalize on airport-adjacent development opportunities.

Strategic Airport City Development

The incorporation of these subsidiaries indicates Adani Enterprises' commitment to developing integrated airport city ecosystems. The naming convention reflects a geographical focus on cities with significant aviation infrastructure, including Mangaluru, Jaipur, Lucknow, and Thiruvananthapuram (TRV).

Corporate Structure

The establishment of these wholly owned subsidiaries through Adani Airport City Limited provides dedicated vehicles for airport-centric development activities. This corporate structure allows for focused management of integrated development projects while maintaining clear operational boundaries between different geographical markets and facilitating specialized expertise in airport city development.