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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

Adani
Photo: Bloomberg
Samie Modak
1 min read Last Updated : Mar 07 2023 | 12:37 AM IST
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.

Topics :Adani GroupASM liststock exchange

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