Adani Enterprises Files Official Outcome of Shareholder Amalgamation Approval
Adani Enterprises has submitted official regulatory filings detailing the overwhelming shareholder approval for its composite amalgamation scheme. The NCLT-convened meeting on December 29, 2025 achieved 99.9998% approval with 1,03,71,59,649 votes in favour out of 1,03,71,61,768 total votes cast, representing 89.86% of outstanding shares. The scheme involves amalgamation of five group companies and now proceeds to subsequent regulatory approvals.

*this image is generated using AI for illustrative purposes only.
Adani Enterprises Limited has officially filed the outcome of its NCLT-convened equity shareholders meeting held on December 29, 2025, confirming overwhelming approval for the composite scheme of amalgamation. The company submitted comprehensive voting results to BSE and NSE, demonstrating exceptional shareholder support for the corporate restructuring initiative.
Official Regulatory Filing Details
The company filed detailed voting outcomes with stock exchanges pursuant to Regulation 44(3) of SEBI Listing Regulations. The meeting was conducted through video conferencing from 11:00 AM to facilitate shareholder participation across locations.
| Parameter: | Details |
|---|---|
| Meeting Date: | December 29, 2025 |
| Record Date: | December 22, 2025 |
| Total Shareholders: | 6,52,384 |
| Meeting Duration: | 11:00 AM - 11:18 AM IST |
| Voting Method: | Remote e-voting + Meeting e-voting |
Comprehensive Voting Results
The scrutinizer's report confirmed exceptional approval rates across all shareholder categories, with the resolution achieving requisite statutory majority under both Companies Act 2013 and SEBI regulations.
| Voting Outcome: | Numbers | Percentage |
|---|---|---|
| Total Shares Voted: | 1,03,71,61,768 | 89.86% of outstanding |
| Votes in Favour: | 1,03,71,59,649 | 99.9998% |
| Votes Against: | 2,119 | 0.0002% |
| Total Outstanding Shares: | 1,15,41,80,729 | - |
Category-wise Shareholder Participation
The voting breakdown revealed unanimous institutional support and strong retail participation in the amalgamation approval process.
| Shareholder Category: | Shares Held | Votes Polled | Approval Rate |
|---|---|---|---|
| Promoter Group: | 85,37,70,953 | 85,37,70,953 (100%) | 100.00% |
| Public Institutions: | 21,07,89,457 | 18,33,13,605 (86.97%) | 100.00% |
| Public Non-Institutions: | 8,96,20,319 | 77,210 (0.09%) | 97.26% |
Scrutinizer Certification and Compliance
CS Chirag Shah, appointed by NCLT as scrutinizer, certified that the resolution achieved requisite statutory majority under Section 230 of Companies Act 2013 and SEBI Master Circular requirements. The remote e-voting period operated from December 24-28, 2025, with Central Depository Services (India) Limited providing technical infrastructure.
| Meeting Participation: | Count |
|---|---|
| Promoter Group Attendees: | 7 |
| Public Shareholders: | 54 |
| Total Video Conference Participants: | 61 |
Composite Scheme Structure
The approved amalgamation involves five Adani Group entities, with Adani Green Technology Limited, Adani Emerging Businesses Private Limited, Adani Tradecom Limited, and Adani New Industries Limited amalgamating into Adani Enterprises Limited. The scheme now proceeds to subsequent regulatory approvals and implementation phases as per statutory requirements.
The company secretary Jatin Jalundhwala signed the official filing, confirming compliance with all regulatory requirements and successful completion of the shareholder approval process.
Historical Stock Returns for Adani Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.13% | -0.40% | -1.78% | -11.80% | -10.88% | +377.16% |















































