News Stocks Adani Enterprises Updates Share Purchase Deal Date For Defence Subsidiary To February 28Adani Enterprises Updates Share Purchase Deal Date For Defence Subsidiary To February 28
Adani Enterprises Limited issued a regulatory correction notice updating the execution date of a Share Purchase Agreement involving its wholly owned defense subsidiary Adani Defence Systems & Technologies Ltd and Punj Lloyd Aviation Ltd. The correction changed the execution date from March 1, 2026 to February 28, 2026, with the notice filed under SEBI regulations.
*this image is generated using AI for illustrative purposes only.
Adani Enterprises Limited has issued a correction notice to stock exchanges regarding the execution date of a Share Purchase Agreement involving its defense subsidiary. The clarification was submitted to both BSE Limited and National Stock Exchange of India Limited on March 2, 2026.
Agreement Details and Correction
The correction pertains to a Share Purchase Agreement between Adani Defence Systems & Technologies Ltd (ADSTL), a wholly owned subsidiary of Adani Enterprises Limited, and Punj Lloyd Aviation Ltd (PLAL). The company has clarified that the actual execution date should be February 28, 2026, instead of the previously communicated date of March 1, 2026.
| Parameter: | Details |
|---|---|
| Subsidiary: | Adani Defence Systems & Technologies Ltd (ADSTL) |
| Counterparty: | Punj Lloyd Aviation Ltd (PLAL) |
| Correct Execution Date: | February 28, 2026 |
| Previously Stated Date: | March 1, 2026 |
| Correction Notice Date: | March 2, 2026 |
Regulatory Compliance
The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events and corporate developments that could impact investor decisions.
The correction notice was signed by Jatin Jalundhwala, Company Secretary & Joint President (Legal), with membership number F3064. The document was digitally signed on March 2, 2026, at 15:38:41 +05'30'.
Company Information
Adani Enterprises Limited operates from its corporate headquarters at "Adani Corporate House" in Shantigram, Ahmedabad, Gujarat. The company maintains transparency in its corporate communications and ensures timely disclosure of material information to stakeholders and regulatory authorities.
15
