Adani Enterprises

Adani Group’s first power plant of 330 MW capacity

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Price when posted : BSE: Rs 405.05 ( 1.40 % ), NSE: Rs. 409.80 ( 2.63 % )

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Adani Group’s first power plant of 330 MW capacity is ready to be commissioned in the first quarter of 2009 at Mundra. Adani Power, subsidiary of Adani Group, has already entered into two power-purchase agreements (PPA) of 1,000 MW each with the state-owned power utility Gujarat Urja Vikas Nigam (GUVNL), while another PPA of 1,450 MW has been signed with the Haryana state power utility.

Adani Group Chairman Gautam Adani said, first turbine of 330 MW will be commissioned in the first quarter of 2009 in Mundra power plant and the entire 4,620 MW power plant will be complete in the end of 2010.
-BNews...

BSE Announcements on Adani Enterpris

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Adani Enterprises Ltd has announced the following Unaudited results for the quarter ended September 30, 2008:

The results for the Quarter ended September 30, 2008

The Company has posted a net profit of Rs 668.00 million for the quarter ended September 30, 2008 as compared to Rs 379.30 million for the quarter ended September 30, 2007. Total Income has increased from Rs 25699.30 million for the quarter ended September 30, 2007 to Rs 31204.60 million for the quarter ended September 30, 2008.

The Consolidated results are as follows:

The consolidated results for the Quarter ended September 30, 2008

The Group has posted a net profit of Rs 1137.10 million for the quarter ended September 30, 2008 as compared to Rs 426.40 million for the quarter ended September 30, 2007. Total Income has increased from Rs 43892.30 million for the quarter ended September 30, 2007 to Rs 58877.70 million for the quarter ended September 30, 2008....

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Adani Enterprises Ltd has informed BSE that Shri. Pradeep Mittal, a Director of the Company has resigned from the Directorship of the Company w.e.f. October 15, 2008....

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Adani Enterprises Limited has informed the Exchange that: "Shri Pradeep Mittal, a Director of the Company has resigned from the Directorship of the Company w.e.f. 15th October, 2008"....

NSE Announcements on Adani Enterpris

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Adani Enterprises Limited has informed the Exchange regarding the consolidated Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 1088751 lacs for half year ending on 30-SEP-2008 against Rs. 765381 lacs for the half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 20728 lacs for the half year ending on 30-SEP-2008 against Rs. 11635 lacs for the half year ending on 30-SEP-2007....

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Adani Enterprises Limited has informed the Exchange regarding the consolidated Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 587710 lacs for quarter ending on 30-SEP-2008 against Rs. 438231 lacs for the quarter ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 11371 lacs for the quarter ending on 30-SEP-2008 against Rs. 4761 lacs for the quarter ending on 30-SEP-2007....

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Adani Enterprises Limited has informed the Exchange regarding the standalone Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 546742 lacs for half year ending on 30-SEP-2008 against Rs. 450996 lacs for the half year ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 13377 lacs for the half year ending on 30-SEP-2008 against Rs. 8336 lacs for the half year ending on 30-SEP-2007....

NSE Announcements on Adani Enterpris

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Adani Enterprises Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 311151 lacs for quarter ending on 30-SEP-2008 against Rs. 256909 lacs for the quarter ending on 30-SEP-2007. Net Profit / (Loss) of Rs. 6680 lacs for the quarter ending on 30-SEP-2008 against Rs. 3793 lacs for the quarter ending on 30-SEP-2007....

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Adani Tradelinks has informed the Exchange that Pranav V. Adani (on behalf of Adani Tradelinks) proposes to acquire 1,25,72,691 Equity shares aggregating to 5.10% of the shares/voting rights of Adani Enterprises Limited from Adani Infrastructure Services Pvt. Ltd. The mode of proposed acquisition is by way of inter se transfer and the date of proposed acquisition is October 27, 2008. The proposed acquisition price per share is not applicable, since it is inter se transfer of shares amongst group. The shareholding of Pranav V. Adani (on behalf of Adani Tradelinks) after the proposed acquisition would be 1,58,22,691 shares aggregating to 6.42% of the shares/voting rights of Adani Enterprises Limited. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....