Adani Enterprises

1993
 
 - The Company was incorporated on 2nd March, by conversion of
 partnership firm namely M/s. Adani Exports into a limited company. 
 The
 company was promoted by Shri Gautam S. Adani and Rajesh S. Adani. 
 The
 Company was engaged in the business of exporting frozen foods, dyes
 and
 intermediates, plastic products, agricultural products etc. to about
 28
 countries all over the world.
 
 1994
 
 - Adani Managment Consultancy Services Pvt. Ltd. was amalgamated
 with
 the company.  As per the scheme of amalgamation the company issued
 5,00,000 equity shares of Rs 10 each at a premium of Rs 140 per
 share
 to the shareholders of AMCSPL in the ratio of one equity share of
 the
 company for every ten equity shares of AMCSPL.
 
 - The Company offered 12,50,000 No. of equity shares of Rs 10 each at
 a
 premium of Rs 140 per share to public.  All were accepted. 
 Additional
 11,900 shares allotted to retain oversubscription.
 
 1995
 
 - 37,50,000 shares were allotted to promoters, their friends and
 relatives.  12,61,900 shares were allotted to public.
 
 - During the year under review your Company has introduced itself
 into
 Stock market with maiden public issue in September, 1994 for
 12,50,000
 Equity Shares of Rs. 10/- each at a premium of Rs. 140/- per share. 
 
 
 - AMCPL entered into Amalgamation with AEL, a group company of Adani
 Group.  In order to achieve higher economies of scale. 
 
 1996
 
 - 55,11,800 No. of Equity shares allotted in propn. 1:1.  100
 forfeited
 shares were reissued.
 
 1997
 
 - Authorised capital reorganised.  Pref. shares issued on private
 placement basis.
 
 - The board decided to issue equity shares and preference shares
 and/or
 fully or partly convertible debentures or warrant bonds and any
 other
 securities through public issue or private placement, preferential
 allotment, rights issue etc., subject to the approval of
 shareholders
 up to a limit of Rs.30 crores.
 
 - Eastern Generation, has signed a memorandum of understanding (MoU)
 with Adani Exports Limited to jointly develop, own and operate
 coal-fired power projects in the country.
 
 - The Rs 1,600 crore Adani Exports Limited has decided to enter into
 a
 joint venture with the Gujarat government to build a mega port at
 Mundra in Kutch district.
 
 - In mid-October, Adani signed a letter of intent with the Gujarat
 government to develop a port and set up a 3,000 hectare industrial
 park.
 
 - The Company has received LOI from Gujarat Government to set up a
 Naptha-based 54MW Power Plant at Anjar in Kutch.
 
 - Adani Global Limited was incorporated as a Company's wholly owned
 subsidiary in Mauritius upon receipt of necessary approvals from the
 Reserve Bank of India and Government of India for the purpose of
 Direct
 Investment.  1998 
 
 - Adani Exports Ltd, the Rs. 1,700-crore trading house, has
 incorporated Adani Eastern Generation Company Ltd (AEGCL), a 50:50
 joint venture company with the UK power maintenance giant - Eastern
 Generation.
 
 - The Rs.340 crore project is promoted by Adani Exports Ltd on the
 basis of the build-own-operate-transfer (BOOT) format.  The
 concession
 pact has been signed for 30 years from the date of commissioning. 
 The
 Adani port will be the second private sector port in the country
 after
 Gujarat Pipapav Port Ltd.
 
 
 1999
 
 - Adani Exports and Wilmar Trading Pte signed a memorandum to form a
 50:50 joint venture company.  The equity base of the company named
 Adani Wilmar is  million.
 
 - A joint venture between Gujarat Port Infrastructure Development
 Corporation and Adani Port is operational at Mundra in Gujarat since
 October 1998.
 
 - The board of directors of Adani Exports Ltd (AEL) declared a 1:1
 bonus issue to the equity shareholders.  The move led to the scrip
 closing at the Mumbai Stock Exchange (BSE) at an all-time high of
 Rs.
 848.
 
 - GCC (Gujarat Chamber of Commerce and Industry) Export Appreciation
 Award for the year 1997-98 in recognition of commendable performance
 in
 merchandise exports from Honble Union Commerce Minister Shri
 Ramakrishna Hegde in June.
 
 - The Company and Wilmar Trading Pte Limited have signed a
 Memorandum
 of Understanding (MoU) to form a 50:50 joint venture company with
 equity base of equivalent of $ 6 million.
 
 2000
 
 - Adani Exports, one of India's largest trading houses, has entered
 the
 packaged edible oil market with the launch of its new brand
 `Fortune'
 in Jaipur.
 
 - The Company received Texprocil Silver Trophy for outstanding
 export
 performance in Fabrics amongst top exporters (Merchant) for the year
 1998-99.
 
 - Texprocil Silver Trophy for outstanding export performance in
 Fabrics
 amongst top exporters (Non-quota exports) for the year 1998-99.
 
 - The Company has entered into an agreement with both National
 Securities Depository Limited (NSDL) and Central Depository Services
 (India) Limited (CDSL) to facilitate the shareholders of the Company
 to
 avail demat facility.
 
 - Shri Indravadan A. Modi resigned as a Director of the Company with
 effect from 10th February.
 
 2001
 
 - Adani Wilmar Ltd., a 50:50 joint venture between the Adani Exports
 Ltd. and US .5 billion Wilmar Holding Pte Ltd. of Singapore,
 intends
 to launch its own vanaspati under the brand name `Raag'.
 
 2002
 
 -Mr.Biswajit Choudhury is appointed as the Nominee Director on the
 Board
 of the company.
 
 2003
 
 -Shanxi Corporation ties up with Adani Exports Ltd for providing
 1-1.5m tonnes
 of coal in India.
 
 -Mr Birva C Patil is appointed as the Compliance Officer and Company
 Secretary
 of the company in place of Mr. Hemendra C Shah.
 
 2007
 
 -Adani Enterprises Limited has appointed Mr. Parthiv Parikh as
 Assistant Company Secretary and Compliance Officer of the Company
 w.e.f. September 17, 2007.