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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

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Photo: Bloomberg

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 Group ASM list stock exchange

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