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Adani Enterprises Ltd. M&A Activity 2026

May 21, 2026

61303_rns_2026-05-21_41ace346-8457-4370-9505-6193e05af13d.pdf

M&A Activity

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adani

May 21, 2026

To

BSE Limited
Floor 25, P J Towers,
Dalal Street, Mumbai – 400 001
Scrip Code: 512599

National Stock Exchange of India Limited
Exchange Plaza, Bandra Kurla Complex,
Bandra (E), Mumbai – 400 051
Scrip Code: ADANIENT

Dear Sirs / Madam,

Sub: Intimation under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 – Update on the Resolution Plan for Jaiprakash Associates Limited ("JAL").

We refer to our disclosure dated March 19, 2026, intimating about the written order of the Hon'ble National Company Law Tribunal, Allahabad Bench at Prayagraj (the "Hon'ble NCLT") dated March 17, 2026, approving the resolution plan dated October 14, 2025 (read with email clarifications dated November 5, 2025) ("Approved Resolution Plan") submitted by Adani Enterprises Limited ("AEL" or "Company") for acquisition of Jaiprakash Associates Limited ("JAL"), a company that has been undergoing Corporate Insolvency Resolution Process ("CIRP") under the Insolvency and Bankruptcy Code, 2016 and that the said Approved Resolution Plan can be implemented by one or more identified parties ("Implementing Agency(ies)).

This is to inform you that the Approved Resolution Plan has been implemented today (i.e., on May 21, 2026) by certain Implementing Agencies.

This is for your information and taking on record.

Yours faithfully,

For Adani Enterprises Limited

JATINKUMAR
RAMESHCHANDRA
JALUNDHWALA

Digitally signed by JATINKUMAR
RAMESHCHANDRA
JALUNDHWALA
Date: 2026.05.21 23:12:32 +05'30"

Jatin Jalundhwala
Company Secretary & Joint President (Legal)
Membership No. F3064

Adani Enterprises Limited
"Adani Corporate House",
Shantigram, Near Vaishno Devi Circle,
S. G. Highway, Khodiyar
Ahmedabad 382 421
Gujarat, India
CIN: L51100GJ1993PLC019067

Tel +91 79 2656 5555
Fax +91 79 2555 5500
[email protected]
www.adanienterprises.com

Registered Office : "Adani Corporate House", Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421