Thursday, September 06, 2018

Adani Enterprise Demerger Record Date Fixed on 7th September 2018

Adani Gas listed on BSE and NSE. Checkout Adani Gas Stock Price Live Quotes Here.

Adani Enterprises Ltd demerger record date has been announced. The Adani Enterprises demerger record date fixes as on 7th September 2018. The record date for the purpose of equity shares pursuant to the Composite Scheme of Arrangement among Adani Gas Holdings and Adani Gas Limited and Adani Enterprise Limited.

The Adani Enterprise demerger scheme will be for the eligible share holders of Adani Enterprise as on 7th September 2018 whose name will appear on the register on the record date. All the share holders of Adani Enterprise Ltd will get Adani Gas Limited 1 share each of fully paid Rs.1.

A investor should bought the Adani Enterprise Ltd stock on or before 5 September 2018 it means it will take 2 days to settle to get the stock into the demat account and then it will appear on the register of the company as the holder of the stock. So the stock who bought after 5 September 2018 will not be eligible for the demerger scheme.

Adani Enterprise stock hit the low of 139.35 on NSE and 139.80 on BSE on 6 September 2018 just before the record date. Adani Gas Limited might list around 40-50 (Not Confirmed) on the indices.