Adani Enterprises Ltd


BSE: 512599 | NSE: ADANIENT | ISIN: INE423A01024 
Market Cap: [Rs.Cr.] 26,665 | Face Value: [Rs.] 1
Industry: Trading

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Board Meet

21-May-12 
Adani Enterprises Ltd has informed BSE that a meeting of the Board of Directors of the Company will he held on May 21, 2012, to consider and take on record the Audited Financial Results for the year ended on March 31, 2012 and for recommendation of dividend, if any. Adani Enterprises Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 21, 2012, inter alia, has recommended the dividend at Re. 1/- per share i.e. 100% (Previous year Re. 1/- per share - 100%) on Equity Shares of Re. 1/- each of the Company. (As Per BSE Announcement Dated On 21.05.2012) Adani Enterprises Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 21, 2012, inter alia, has appointed Dr. Ravindra Dholakia as an Independent Director on the Board of Directors of the Company in the casual vacancy caused due to sad demise of Dr. A. C. Shah (As Per BSE Announcement Website Dated on 21/05/2012). 
09-Feb-12 
Adani Enterprises Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on February 09, 2012, to consider and take on record the Unaudited Financial Results for the quarter and Nine months ended on December 31, 2011 (Q3). Adani Enterprises Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 09, 2012, inter alia, has approved the proposal to disinvest its holding in 'Real Estate Business' subject to requisite approvals, formalities & clearances. This will enable AEL to focus on its core activities and to deploy the funds effectively. (As Per BSE Announcement Dated on 09.02.2012) 
14-Nov-11 
Adani Enterprises Ltd has informed BSE that a Meeting of the Board of Directors of the Company will be held on November 14, 2011, to consider and take on record the Unaudited Financial Results for the quarter and half year ended September 30, 2011 (Q2). 
10-Aug-11 
Adani Enterprises Ltd has informed BSE that a Meeting of the Board of Directors of Company will be held on August 10, 2011, to consider and take on record the Unaudited Financial Results for the quarter ended on June 30, 2011 (Q1). 
12-May-11 
Adani Enterprises Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 12, 2011, inter alia, to consider and take on record the Audited Financial Results for the year ended on March 31, 2011 and for recommendation of dividend, if any. Adani Enterprises Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 12, 2011, inter alia, has recommended the dividend at Re. 1/- per share i.e. 100% (Previous year Re. 1/- per share -100%) on Equity Shares of Re 1/- each of the Company. (As Per BSE Announcement Website dated on 12.05.2011) 

AGM

10-Aug-11
Adani Enterprises Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 05, 2011 to August 10, 2011 (both days inclusive) for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on August 10, 2011. Adani Enterprises Ltd has informed BSE that the members at the 19th Annual General Meeting (AGM) of the Company held on August 10, 2011, inter alia, have approved the following resolutions: 1. Adoption of Annual Accounts of the Company together with the Directors Report and the Auditors Report for the year ended March 31,2011. 2. Declaration of dividend at the rate of 100% i.e. Re. 1/- each per Equity Share of the Company for the financial year ended March 31,2011. 3. Re-appointment of Dr. A. C. Shah, Mr. Vasant S. Adani and Mr. Anil Ahuja, as Directors of the Company. 4.Re-appointment of M/s. Dharmesh Parikh and Co., Chartered Accountants, Ahmedabad, as Auditors of the Company till the conclusion of the next Annual General Meeting of the Company. 5. Appointment of Mr. S. K. Tuteja, as Director of the Company liable to retire by rotation. 6. Revision in remuneration of Mr. Devang Desai, Executive Director & CFO of the Company with effect from April 01, 2010. 7. Payment of commission upto 1% per annum to the Non-Executive Director(s) of the Company for a period of five years w.e.f. April 01, 2011. (As Per BSE Announcement Website dated on 10.08.2011) 
21-Aug-10
Adani Enterprises Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 14, 2010 to August 21, 2010 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on August 21, 2010. Adani Enterprises Ltd has informed BSE that the members at the 18th Annual General Meeting (AGM) of the Company held on August 21, 2010, inter alia, have approved the following: 1. Adoption of Annual Accounts of the Company together with the Directors Report and the Auditors Report for the year ended March 31, 2010. 2. Declaration of dividend at the rate of 100% i.e. Re 1/- each per Equity Share of the Company for the financial year ended March 31, 2010. 3. Re-appointment of Dr. Pravin P. Shah, Shri Jay H. Shah and Mr., Yoshihiro Miwa, as Directors of the Company. 4. Re-appointment of M/s. Dharmesh Parikh and Co., Chartered Accountants, Ahmedabad, as Auditors of the Company till the conclusion of the next Annual General Meeting of the Company. 5. Re- appointment of Shri Rajesh S. Adani, as Managing Director of the Company for a period of 5 years with effect from June 10, 2010. 6. Re-appointment of Shri Devang Desai as Director and Executive Director of the Company with effect from January 27, 2010. 7. To maintain & Keep Company's Register of members etc. at the office of the R & T Agent of the Company pursuant to provisions of Section 163 of the Companies Act, 1956. (As Per BSE Announcement Website dated on 21.08.2010) 
31-Aug-09
Adani Enterprises Ltd has informed BSE that the Register of Members & Share Transfer Books of the Company will remain closed from August 24, 2009 to August 28, 2009 (both days inclusive) for the purpose of Annual General Meeting (AGM) of the Company to be held on August 31, 2009. Adani Enterprises Ltd has informed BSE that the members at the 17th Annual General Meeting (AGM) of the Company held on August 31, 2009, inter alia, have accorded the following: 1. Adoption of Annual Accounts of the Company together with the Directors Report and the Auditors Report for the year ended March 31, 2009. 2. Declaration of dividend at the rate of 100% i.e. Re. 1/- each per equity Share of the Company for the financial year ended March 31, 2009. 3. Re-appointment of Dr. A. C. Shah and Shri. Vasant S. Adani as Directors of the Company. 4. Re-appointment of M/s. Dharmesh Parikh and Co., Chartered Accountants, Ahmedabad, as Auditors of the Company till the conclusion of the next Annual General Meeting of the Company. 5. Appointment of Mr. Yoshihiro Miwa and Mr. Anil Ahuja as Directors of the Company liable to retire by rotation. (As Per BSE Announcement Dated on 31/08/2009) 
26-Sep-08
AGM 26/09/2008 Adani Enterprises Ltd has informed BSE that the members at the 16th Annual General Meeting (AGM) of the Company held on September 26, 2008, inter alia, have accorded to the following: 1. Adoption of Annual Accounts of the Company together with the Directors Report and the Auditors Report for the year ended March 31, 2008. 2. Declaration of dividend at the rate of Rs 0.60 per Equity Share of the Company for the financial, year ended March 31, 2008. 3. Re-appointment of Dr. Pravin P Shah and Shri Jay H Shah as Directors of the Company. 4. Re-appointment of M/s. Dharmesh Parikh and Co., Chartered Accountants, Ahmedabad, as Auditors of the Company till the conclusion of the next Annual General Meeting of the Company. 5. Re-appointment of Shri Gautam S Adani as Executive Chairman of the Company for a period of five years w.e.f. December 01, 2008. 6. Revision in remuneration of Shri Rajesh S Adani, Managing Director w.e.f. October 01, 2008. (As per BSE Announcement dated on 26/09/2008) 
29-Sep-07
A.G.M. 29/09/2007 Adani Enterprises Ltd has informed BSE that the members at the 15th Annual General Meeting (AGM) of the Company held on September 29, 2007, inter alia, have accorded to the following: 1.Adoption of Annual Accounts of the Company together with the Directors Report and the Auditors Report for the year ended March 31, 2007. 2. Confirmation of interim dividend paid on equity shares during the year 2006-07. 3. Re-appointment of Dr. A C Shah and Shri. Vasant S Adani as Directors of the Company. 4. Re-appointment of M/s. Dhramesh Parikh and Co., Chartered Accountants, Ahmedabad as Auditors of the Company till the conclusion of the next Annual General Meeting of the Company. 5. Appointment of Shri. Pradeep Mittal as Director and Whole-time Director of the Company. 6. Voluntary de-listing of shares of the Company from Ahmedabad Stock Exchange. (As Per BSE Announcement Website Dated on 01/10/2007) 

EGM

10-Jun-10
Adani Enterprises Ltd has informed BSE that, by an Order dated May 07, 2010, the Hon'ble High Court of Gujarat at Ahmedabad has directed that a Meeting of the Equity Shareholders of the Company will be held on June 10, 2010, for the purpose of considering and, if thought fit, approving with or without modification(s), the Scheme of Amalgamation of Adani Infrastructure Services Pvt. Ltd., Advance Tradex Pvt. Ltd., Adani Tradelinks Pvt. Ltd., Pride Trade and Investment Pvt. Ltd., Trident Trade and Investment Pvt. Ltd., Radiant Trade and Investment Pvt. Ltd. and Ventura Trade and Investment Pvt. Ltd. with Adani Enterprises Ltd., the Transferee Company, as proposed between the Applicant Company and its Equity Shareholders. 
27-Nov-09
Adani Enterprises Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on November 27, 2009, inter alia, to transact the following business: 1. To Alter the Clause V of the Memorandum of Association of the Company regarding Authorised Share Capital of the Company and substituted by following Clause V as under: - The Authorised Share Capital of the Company is Rs. 100,00,00,000/- (Rupees One hundred Crore only) divided into 100,00,00,000 (Hundred Crore) equity shares of Re. 1 each (Rupee one only) each with such rights, privileges and conditions attached thereto as may be determined by the Company from time to time in accordance with the Articles of Association of the Company. The Company has and shall always have the power to divide, sub-divide or consolidate the shares for time being of the Company into several classes and to attach thereto preferential, qualified or special rights, privileges or conditions as may be determined by the Company or in accordance with Articles of Association of the Company and to fix, vary, modify or abrogate any such rights, privileges or conditions attached to the shares in such manner as may from time to time provided in the regulations of the Company, Subject to necessary provisions & approvals. 2. To capitalize a sum upto Rs. 24,73,34,175/- (Rupees Twenty Four crores Seventy three lacs thirty four thousand one hundred seventy five only) out of the sum standing to the credit of General Reserve / Securities Premium Account in the books of the Company as per the audited accounts of the Company for the financial year ended March 31, 2009 and the said amount be applied for paying up in full upto 24,73,34,175 unissued Equity Shares of Re. 1 each of the Company to be allotted and distributed and credited as fully paid up 'bonus Shares' at par in the proportion of one (1) new Equity Share for every one (1) Equity share held by such members as on the record date (to be determined by the Board) and the bonus shares so distributed shall for all purposes be treated as an increase in the paid up share capital of the company held by each such member, and not as income, Subject to necessary provisions & approvals. 3. In partial modification of the Resolution passed by the members at the Extra Ordinary General Meeting held on June 18, 2009 for issuance of Shares or instruments convertible into Equity Shares to the Qualified Institutional Buyers pursuant to Qualified Institutions Placement (QIP) guidelines, as provided under Chapter XIII-A of the erstwhile SEBI DIP guidelines, the limit for issuance of shares or instruments convertible into Equity Shares to the Qualified Institutional Buyers be enhanced from present limit of not exceeding Rs. 1500 crores (Rupees One thousand Five Hundred Crore only) to the overall amount not exceeding Rs. 4000 crores (Rupees Four thousand Crore only) and the said shares or instruments convertible into Equity Shares be issued to the Qualified Institutional Buyers pursuant to Chapter VIII of the substituted SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. Adani Enterprises Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on November 27, 2009, inter alia, have approve the following resolutions: vv1. Special resolution regarding reclassification of Authorised Share Capital of the Company by converting the unissued preference share capital into Equity shares so as to make the Equity Share Capital of Rs. 100,00,00,000/- (Rupees One Hundred Crore only) divided into 100,00,00,000 (Hundred crore) equity shares of Re. 1 (Rupee one only) each. 2. Ordinary resolution regarding issue of Bonus Shares at par in the proportion of one (1) new Equity Shares for every one (1) Equity shares held by such members as on record date. 3. Special resolution modifying the earlier special resolution passed by the members at the EGM held on June 18, 2009 - enhancing the present limit of issue of shares or instruments convertible into equity shares to the Qualified Institutional Buyers from an amount not exceeding Rs. 1500 crores (Rupees One thousand Five Hundred crore only) to the overall amount not exceeding Rs. 4000 crores (Rupees Four thousand crore only) pursuant to Chapter VIII of the substituted SEBI (Issue of Capital and Disclosure Requirements) Regulation, 2009. (As Per BSE Announcement Dated on 27/11/2009) 
18-Jun-09
Adani Enterprises Ltd has informed BSE that an Extra-Ordinary General Meeting (EGM) of the members of the Company will be held on June 18, 2009, inter alia, to issue, offer and allot Equity Shares of the Company ("Equity Shares") or instruments convertible into Equity Shares ("Securities") up to the overall amount not exceeding Rs 1500 crore (Rupees One thousand Five Hundred Crore only) or its equivalent in any foreign currency as the case may be (inclusive of such premium as may be determined) in one or more tranche or tranches as specified above, to Qualified Institutional Buyers (as defined by the DIP Guidelines) pursuant to a Qualified Institutions Placement (QIP) guidelines, as provided under Chapter XIII-A of the SEBI DIP Guidelines, subject to necessary provisions & approvals. Adani Enterprises Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on June 18, 2009, have approved the special resolution regarding issue, offer and allot Equity Shares of the Company or the instruments convertible into Equity Shares upto the overall amount not exceeding Rs 1500 Crore (Rupees One Thousand Five Hundred Crores Only) or its equivalent in any foreign currency as the case may be (inclusive of such premiums as may be determined) in one or more tranche or tranches, to Qualified Institutional Buyers (as defined by the DIP Guidelines) pursuant to Qualified Institutional Placement (QIP) guidelines, as provided under Chapter XIII-A of the SEBI DIP Guidelines. (As Per BSE Announcement Website dated on 18.06.2009) 
04-Feb-08
Adani Enterprises Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on February 04, 2008, inter alia, to create, offer, issue and allot on behalf of the Company, in one or more tranches (including with provision for reservation on firm and / or competitive basis) of public or private offerings in domestic and / or international markets, through prospectus and / or offer letter, and / or offering memorandum,. and / or other permissible / requisite offer document or letter; Foreign Currency Convertible Bonds (FCCBs) and / or Global Depository Receipts (GDRs) and / or any other Depository Receipts (DRs), and / or Securities representing either Equity Shares or convertible Securities through Depository Receipts, and / or Equity Shares and / or Preference Shares, and / or any other Securities convertible into Equity Shares at the option of the Company and / or holders of the Security and / or Securities linked to Equity Shares and / or Securities with or without detachable / non-detachable warrants ("Securities"), whether secured by way of creating charge on the assets of the Company or unsecured, subscribed to in Indian / Foreign Currency(ies), by Indian or Foreign Banks, Institutions, Foreign institutional Investors, Mutual Funds, Companies, Other Corporate Bodies, Trusts, Funds, Hedge Funds; Resident/Non-Resident Indians, Foreign Nationals individuals and other eligible investors, persons or entities ("Investors") as may be decided by the Board; whether or not such investors are members of the Company; up to an aggregate amount not exceeding Rs 3000 Crores (Rupees Three Thousand Crores Only) or its equivalent in any foreign currency as the case may be (inclusive of such premium as may be determined), and such offer, issue and allotment to be made, at such time or times, in Indian Rupees or any convertible foreign exchange or other currencies as may be permissible and / or required, at such price or prices, in such form and manner and on such other terms and conditions as may be decided and deemed appropriate by the Board at the time of such offer, issue and allotment subject however, to the applicable guidelines, rules, regulations, notifications, circulars and other applicable statutory provisions. Adani Enterprises Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on February 04, 2008, have approved the special resolution regarding issue and allot in one or more tranches (including with provision for reservation on firm and/or competitive basis) of public or private offerings in domestic and/or international markets, Foreign Currency Convertible Bonds (FCCBs) and/or Global Depository Receipts (GDRs) and/or any other Depository Receipts (DRs), and/or Securities representing either Equity Shares or convertible Securities through Depository Receipts, and/or Equity Shares and Preference Shares, and/or any other Securities convertible into Equity Shares at the option of the Company and/or holders of the Security and/or Securities linked to Equity Shares and/or Securities with or without detachable / non-detachable warrants ("Securities") upto the overall amount not exceeding Rs 3000 Crores (Rupees Three Thousand Crores Only) or its equivalent in any foreign currency as the case may be (inclusive of such premium as may be determined) to Qualified Institutional Buyers (as defined by the DIP Guidelines) or to any other investors as may be decided by the Board of Directors as per the SEBI Guidelines. (As per BSE Announcement Website dated on 04/02/2008) 
30-Dec-06
Adani Enterprises Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on December 30, 2006, inter alia, to transact the following: 1. For borrowing for the purpose of the business of the Company any sum or sums of money either in Indian or Foreign Currency from time to time from any Bank(s) or any Financial Institution(s), or any other Institution(s), or any other Institution(s), firms(s), body corporate(s), or other person(s) or from others in India or outside India whomsoever in addition to the temporary loans obtained from the Company's Bankers in the ordinary course of business provided that the sum or sums so borrowed under this resolution and remaining outstanding at any time shall not exceed in the aggregate Rs 2500 Crores in excess of and in addition to the paid-up capital and free reserve of the Company for the time being. 2. To issue, offer and allot, in the course of an international offering to eligible foreign investors (whether or not such investors are members of the Company), by way of circulation of an offering circular or prospectus or by way of private placement, foreign currency convertible bonds / global depositary receipts / American depositary receipts or any other document or any process upto the aggregate principal amount of United States Dollars 250 million or its equivalent in one or more tranche or tranches (Securities), to be subscribed in foreign currency, which, at the option of the holders of the Securities may be converted into equity shares of the Company, such issue and allotment to be made in one or more tranche or tranches by one or more offer, on such terms and conditions as may be decided and deemed appropriate by the authorised persons of the Board at the time of issue or allotment. Adani Enterprises Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on December 30, 2006, inter alia, have accorded to the following: 1. To increase the borrowing powers of the Company. 2. To issue, offer and allot, in the course of an international offering to eligible foreign investors (whether or not such investors are members of the Company), foreign currency convertible bonds / global depositary receipts / American depositary receipts or any other document or any process upto the aggregate principal amount of United States Dollars 250 million or its equivalent in one or more tranche or tranches (Securities), to be subscribed in foreign currency, which, at the option of the holders of the Securities may be converted into equity shares of the Company, subject to necessary provisions and approvals. (As Per BSE Announcement dated on 02/01/2007) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
MMTC 73,760.00 0.00 53.53 159.36 9.1 8.1 4.22
Adani Enterp. 26,664.65 73.25 2.67 208.10 5.4 4.9 0.35
3M India 4,103.24 57.54 7.61 22.43 20.2 30.1 0.01
Sh.Global Trad. 1,980.37 0.00 6.81 0.00 0.0 0.0 0.00
PTC India 1,595.79 12.88 0.73 8.68 6.5 9.3 0.00
S T C 1,476.90 50.75 2.17 8.63 8.5 9.8 3.04
Rain Commodities 1,250.72 181.50 3.35 30.14 7.6 5.9 1.00
Vaarad Vent. 849.66 0.00 28.81 0.00 4.8 5.5 0.11
Ushdev Intl. 835.37 19.89 2.76 8.20 14.5 25.0 0.91
Veritas (India) 573.54 109.72 7.01 108.10 2.8 6.5 0.12
Aegis Logistics 434.20 9.65 1.64 15.44 13.9 17.4 0.31
KGN Industries 400.50 450.00 6.59 0.00 0.9 1.6 0.00
U B Holdings 383.55 49.48 0.26 11.87 2.8 9.2 1.10
Visagar Polytex 325.87 422.77 20.05 132.71 8.7 11.0 0.29
Steel Exchange 281.10 13.51 1.70 5.49 10.3 16.7 1.73

Futures & Options Quote

 
Expiry Date
242.75 1.55  (0.6%)
Instrument: FUTSTK
Expiry Date: 31 May 2012
Open Price: 243.85
Average Price: 242.49
No. of Contracts Traded: 327,000
Open Interest: 3,520,500
Underlying: ADANIENT
Market Lot: 500
Previous Close: 242.75
Day’s High | Low: 244.90 | 239.05
Turnover (Cr.): 7.93
Open Int. Change: -16,500.00 ( [0.5]% )
View detailed F& O quotes >>

Key Information

Key Executives:

Gautam S Adani , Chairman 

Rajesh S Adani , Managing Director 

Vasant S Adani , Director 

Jay H Shah , Director 


Company Head Office / Quarters:
Adani House Shrimali Society,
Mithakhali Six Rd Navrangpura,
Ahmedabad,
Gujarat-380009
Phone : 91-079-26565555/25555555
Fax : 91-079-26565500/25555500
E-mail : investor@adani.com
Web : http://www.adani.com
Registrars:
Sharepro Services India Pvt Lt
Devnandan Mega Mall
Office No 416-420
4th Floor Ashram Rd
Ahmedabad-380006

Fund Holding


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