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Business Standard

Stock exchanges remove Adani Enterprises from short-term ASM framework

The move effective from March 8, will ease trading restrictions, such as higher margin requirements, while dealing in shares of AEL

Topics
Adani Group | ASM list | stock exchange

Samie Modak 

Photo: Bloomberg
Photo: Bloomberg

The stock exchanges have revoked the so-called short-term additional surveillance measure (ST-ASM) applied to Adani Enterprises (AEL).

The move effective from March 8, will ease trading restrictions, such as higher margin requirements, while dealing in shares of AEL.

AEL and a few other Adani stocks were moved to ST-ASM due to selloff triggered by Hindenburg Research’s January 24 report.

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First Published: Tue, March 07 2023. 00:37 IST

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