Adlai Nortye Ltd.
Adlai Nortye Ltd. (NASDAQ: ANL) is trading at $15.53, about ₹1,491 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, down 1.90% today. Indian residents can buy Adlai Nortye from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$15.38
Today's high
$16.00
52 week low
$0.88
52 week high
$17.25
ANL opened at $16.00, closed previously at $15.83, and has traded between $0.88 and $17.25 over the past 52 weeks.
About
Adlai Nortye Ltd. (ANL) is a clinical-stage biotechnology firm dedicated to the research and development of innovative pharmaceutical products. Their flagship compound, AN2025, a pan-phosphoinositide 3-kinase inhibitor, is currently undergoing Phase III clinical trials. It is being investigated as a potential treatment for recurrent or metastatic head and neck squamous cell carcinomas. The company's pipeline also features AN0025, a small molecule prostaglandin E receptor 4 antagonist designed to modulate the tumor microenvironment. This candidate is in Phase Ib clinical trials, exploring its efficacy in treating various conditions, including: recurrent non-small cell lung cancer; urothelial cancer (post-anti-PD-1/PD-L1 treatments); recurrent triple-negative breast cancer; microsatellite stable colorectal cancer; and cervical cancer (following standard-of-care treatments). Additionally, ANL is developing AN4005, an oral small-molecule PD-L1 inhibitor. This drug, which is in Phase I clinical trials, aims to induce and stabilize PD-L1 dimerization to disrupt the interaction between PD-1 and PD-L1. Beyond their clinical programs, Adlai Nortye has early-stage research candidates such as AN8025, a multifunctional antibody that acts as a modulator of T cells and antigen-presenting cells, and AN9025, an oral small molecule pan-KRAS inhibitor. Established in 2004, the company's headquarters are situated in Grand Cayman, Cayman Islands.
Key statistics
Avg. volume
177.21K
Market cap
$824.33M
P/E Ratio
-7.94
Price-to-sales ratio
41.89
Enterprise value
$718.44M
Free cash flow yield
-7.07%
Debt-to-equity ratio
0.12
Return on equity
-21.82%
ROIC
-9.23%
Beta
1.15
Dividend yield
0.00%
Last dividend
$0.00
Financial overview
Revenue
$5.00M
Earnings per share
-$3.33
Free cash flow
-$33.73M
Net profit margin
-114.48%
Gross margin
100.00%
EBITDA
-$32.63M
Revenue growth
—
Similar securities
This is not an investment recommendation
How to buy Adlai Nortye from India
Indian residents can buy Adlai Nortye shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Adlai Nortye and place an order
Find Adlai Nortye by name or by its ticker, ANL, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Adlai Nortye trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Adlai Nortye position in USD and INR. Adlai Nortye pays no dividend today, so your filing is the capital-gains statement plus the Schedule FA holding line.
Read the full guide: how to invest in Adlai Nortye from India
Trading and taxes when buying Adlai Nortye from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- NoneAdlai Nortye does not currently pay a dividend. If it starts, dividends are taxed at your slab rate in India.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Adlai Nortye stock?
Yes. Adlai Nortye (ANL) has been listed on NASDAQ since 2023, in the Biotechnology industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Adlai Nortye share cost in rupees?
One Adlai Nortye share is $15.53 — about ₹1,491 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Adlai Nortye price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Adlai Nortye from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Adlai Nortye?
Yes. One Adlai Nortye share is $15.53, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Adlai Nortye.
How are gains on Adlai Nortye shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Adlai Nortye price. Paasa issues a capital-gains statement for your return.
Does Adlai Nortye pay a dividend?
No. Adlai Nortye does not currently pay a dividend, so holding it produces no dividend income to declare in India. If it starts paying one, the Indian treatment is the usual one — dividends are taxed at your slab rate in India — and Paasa's dividend report would show the gross amount and any tax withheld.
When can I trade Adlai Nortye from India?
NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is Adlai Nortye a United States company, and does that change how it is taxed?
Adlai Nortye trades on NASDAQ in US dollars, but the company is domiciled in Singapore. Adlai Nortye trades as an American Depositary Receipt rather than an ordinary share. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Your India-side capital-gains treatment is the same either way.
Do I have to declare Adlai Nortye shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Adlai Nortye holding, its cost and its closing value.
How do I sell Adlai Nortye and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.