Adani Total Gas, Adani Transmission To Move To Long Term ASM Stage-1 Framework
/
Companies/
News/ Adani Total Gas, Adani Transmission to move to long term ASM Stage-1 framework
PremiumOn March 10, both exchanges put the two companies under the second stage of the long-term Additional Surveillance Measure (ASM) framework
Leading bourses NSE and BSE on Friday said Adani Total Gas and Adani Transmission will move to the first stage of the long term additional surveillance measure framework from March 27.
On March 10, both exchanges put the two companies under the second stage of the long-term Additional Surveillance Measure (ASM) framework.
In two separate circulars, the bourses said these securities will continue in the framework but will be moved from respective lower stage ASM from March 27.
Indiabulls Enterprises Ltd is another stock that will move from Stage II to Stage I of the long term ASM framework.
Meanwhile, stocks of seven Adani group companies out of the ten-listed entities ended the day in the negative territory on Friday amid a weak trend in the broader market.
At the close of the session, seven group firms were traded in the red and three with the gains.
The group stocks have taken a beating on the exchanges since the report by US-based short-seller Hindenburg Research came in January this year.
The report had made a litany of allegations, including fraudulent transactions and share-price manipulation, against it.
The group has dismissed the charges as lies, saying it complies with all laws and disclosure requirements.
This story has been published from a wire agency feed without modifications to the text.
Catch all the
Corporate newsand Updates on Live Mint. Download The
Mint News Appto get Daily
Market UpdatesBusiness News.
No Network
Server Issue
Internet Not Available
" + planName + ""; /* current plan info ends */ /* next billing html starts */ if (planData.next_billing_at != "" && planData.next_billing_at != "null" && typeof planData.next_billing_at != "undefined") {billingCycleText = "Next Billing Date : "; nextActivationDate = planData.next_billing_at; } else if (planData.expires_at != "" && planData.expires_at != "null" && typeof planData.expires_at != "undefined") {billingCycleText = "Expiry date : "; nextActivationDate = planData.expires_at; } else {billingCycleText = "Expiry date : "; nextActivationDate = planData.current_term_ends_at; } var nextBillingMonth = new Date(nextActivationDate).toDateString().split(" ")[1]; var nextBillingDay = new Date(nextActivationDate).getUTCDate(); var nextBillingYear = new Date(nextActivationDate).getFullYear(); var nextBillingHtml = nextBillingDay ? "" + billingCycleText + nextBillingDay + " " + nextBillingMonth + " " + nextBillingYear + "
Bridging The Aisle: The Role Of Bipartisanship In Shaping U.S. Foreign Policy Through Ukraine Aid
In a significant display of legislative solidarity, the U.S. House of Representatives recently passed a substantial aid ... Read more
Escalation In Gaza Prompts Biden To Demand Immediate Ceasefire
In a remarkable move that signals potential shifts in US foreign policy, President Joe Biden has demanded an immediate c... Read more
Israel's Strategy In Gaza: A Precarious Balance Between Security And Humanity
In the Shadow of Conflict: Israel's Approach to GazaIn the heart of the Middle East, the Gaza Strip remains a focal poin... Read more
Ceasefire Diplomacy: The Role Of International Mediators In The Israel-Hamas Conflict
In the shadow of a conflict that has seen countless escalations, the recent refusal of both Israel and Hamas to entertai... Read more
The Dynamics Of Ceasefire Negotiations In Conflict Zones: A Closer Look At The Israel-Hamas Talks In Qatar
In the labyrinth of international diplomacy, the art of negotiating ceasefires in conflict zones is both a science and a... Read more
Navigating Through Turbulence: The EU's Internal Strife And The Quest For Unity
Brussels - In the grand tapestry of European integration, the fabric has shown signs of wear. The European Union, a rema... Read more