Adani Enterprises Notifies Equity Shareholders of Impending IEPF Share Transfer for FY 2018-19 Unclaimed Dividends

Adani Enterprises Limited has issued a public notice to its equity shareholders regarding the impending transfer of shares to the Investor Education & Protection Fund (IEPF) Suspense Account. The notice, dated May 11, 2026, and signed by Company Secretary & Joint President (Legal) Jatin Jalundhwala, has been published in the Financial Express (Gujarati) and Indian Express (English), both newspapers having electronic editions, in compliance with the Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 ("the IEPF Rules") notified by the Ministry of Corporate Affairs.

Basis for Share Transfer

The IEPF Rules mandate the transfer of all shares in respect of which dividend has not been encashed or claimed by shareholders for seven consecutive years or more to the IEPF Suspense Account. Accordingly, shares of those shareholders who have not encashed or claimed their dividend for seven consecutive years from FY 2018-19 (Final Dividend) are liable to be transferred to the IEPF Suspense Account.

Key Details of the Notice

Parameter: Details Notice Date: 11th May, 2026 Applicable Dividend Period: FY 2018-19 (Final Dividend) Response Deadline: 12th September, 2026 Place: Ahmedabad Regulatory Framework: IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 Registrar & Transfer Agent: M/s MUFG Indus India Private Limited (Formerly Link Intime India Private Limited) RTA Contact (Tel): (079) 26451179 RTA Email: iepf.shares@linkintime.co.in

Actions Required by Shareholders

The company has communicated the following key points to concerned shareholders:

A separate communication has already been sent individually via Speed Post to shareholders whose shares are eligible for transfer to the IEPF Suspense Account.

Details of such shareholders and their shares due for transfer have been uploaded on the company's website at www.adanienterprises.com .

Shareholders can verify details of unencashed dividends and shares liable for transfer from the company's website.

Both the unclaimed dividend and transferred shares, including all benefits, can be claimed back from the IEPF Authority by following the procedure prescribed under the IEPF Rules.

Implications for Physical Shareholders

Shareholders holding shares in physical form whose shares are liable to be transferred should note that the company will issue duplicate share certificate(s) in lieu of original share certificate(s) for the purpose of the transfer. Upon such issuance, the original share certificate(s) registered in their name will stand automatically cancelled and be deemed non-negotiable. The details uploaded on the company's website shall be deemed adequate notice in respect of the issuance of duplicate share certificate(s).

Deadline and Consequences

If no reply is received by the company or its Registrar & Transfer Agent from the concerned shareholders by 12th September, 2026, or any extension thereof, the company shall transfer the shares to the IEPF Suspense Account by the due date without any further notice, in compliance with the requirements set out in the IEPF Rules. Shareholders requiring clarification may contact the Registrar and Transfer Agent, M/s MUFG Indus India Private Limited (Formerly Link Intime India Private Limited), located at 5th Floor, 506 to 508, Amaranth Business Centre - 1 (ABC-1), Beside Gala Business Centre, Nr. St. Xavier's College Corner, Off G C Road, Ellisbridge, Ahmedabad - 380006.

Adani Enterprises witnessed a significant block trade on the National Stock Exchange (NSE), with approximately 64,026 shares transacted at a price of ₹2425.30 per share. The total value of the block trade stood at ₹15.53 crores, highlighting notable activity in the counter.

Block Trade Details

The following table summarises the key parameters of the block trade recorded on the NSE:

Parameter: Details Exchange: NSE Number of Shares: ~64,026 Trade Price: ₹2425.30 per share Total Trade Value: ₹15.53 crores

Block trades are large-volume transactions executed on stock exchanges, often associated with institutional investors or significant market participants. Such trades are typically negotiated and executed outside the regular order book, before being reported to the exchange. The recording of this transaction on the NSE reflects meaningful participation in Adani Enterprises shares at the stated price level.

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