Stock exchanges remove Adani Enterprises from ASM framework in the near term

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 AEL shares are traded.

AEL and some other Adani shares were moved to ST-ASM due to the sell-off triggered by the Hindenburg Research report on January 24.