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<h1>Equity shares by Adani Port Infrastructure Ltd. designated as long-term specified securities under Section 54EA of Income-tax Act.</h1> The Central Board of Direct Taxes has designated certain equity shares as long-term specified securities under section 54EA of the Income-tax Act, 1961. Specifically, equity shares issued within one year from the notification date, amounting to no more than 100 crores INR by Adani Port Infrastructure Ltd., are included. Investments in these shares must be made from the net consideration of a long-term capital asset transfer. If these shares are transferred or converted to money within three years, the initial investment will be taxed as capital gains.