These stocks were placed under the ASM framework after allegations of stock manipulation in Adani Group stocks by Hindenburg. The ASM framework was introduced to protect investor interest and promote market integrity.

Adani Transmission Ltd is engaged in the business of generation, transmission, and distribution of power throughout India. It develops, owns & operates transmission lines across the states of Gujarat, Rajasthan, Bihar, Jharkhand, Uttar Pradesh, Maharashtra, Haryana, Chhattisgarh, and Madhya Pradesh.