Adani Enterprises Gets NCLT Approval for Green Hydrogen Restructuring

Adani Enterprises Limited has received approval from the Ahmedabad bench of the National Company Law Tribunal for a restructuring plan aimed at consolidating its green energy and hydrogen businesses.

The tribunal approved a composite scheme of arrangement involving several Adani Group entities to streamline operations and strengthen the group’s green hydrogen ecosystem.

Under the restructuring plan, Adani Green Technology Limited and Adani Emerging Businesses Private Limited will be amalgamated into Adani Enterprises Limited. As part of the arrangement, Adani Enterprises will issue 11 equity shares for every 553 shares held by shareholders of Adani Emerging Businesses.

In the second part of the scheme, Adani Tradecom Limited will be merged into Adani New Industries Limited, the group’s primary vehicle for developing green hydrogen and associated renewable technologies.

The consolidation is intended to bring the group’s green hydrogen value chain under a single platform, enabling integrated development of renewable energy components, hydrogen production and downstream green products.

According to the company’s filings, the restructuring is expected to improve operational efficiency, reduce overhead costs and simplify the corporate structure while supporting large-scale investments in clean energy.

The tribunal also directed that all employees of the merging entities be transferred to the resulting companies on terms no less favourable than their current employment conditions. The order further stated that any tax liabilities arising from the amalgamated entities would become the responsibility of the resulting companies.

Adani Enterprises will now file the certified order with the Registrar of Companies within 30 days, after which the restructuring scheme will become effective.

The move comes as the Adani Group expands investments in renewable energy and green hydrogen as part of its broader strategy to participate in the global energy transition.