Adani enterprises announces ₹24,930 crore rights issue

Adani Enterprises Limited, following its board meeting on November 11, 2025, approved the terms for a rights issue of partly paid-up equity shares with a face value of ₹1 each. The company plans to issue 1,38,50,16,87 rights equity shares, targeting an aggregate of ₹24,930.30 crore, assuming full subscription. The rights issue price is set at ₹1,800.00 per share, including a premium of ₹1,799.00. The record date for the rights issue is Monday, November 17, 2025, and the rights entitlement ratio is 3 rights equity shares for every 25 fully paid-up equity shares held.

The payment schedule involves an application amount of ₹900.00 per share (₹0.50 face value, ₹899.50 premium). Two subsequent calls are planned: the first call of ₹450.00 (₹0.25 face value, ₹449.75 premium) from January 12-27, 2026, and the second and final call of ₹450.00 (₹0.25 face value, ₹449.75 premium) from March 2-16, 2026.

The rights issue period includes an opening date of November 25, 2025, and a closing date of December 10, 2025. The last date for credit of rights entitlements is November 18, 2025, and the last date for on-market renunciation is December 05, 2025. The total outstanding equity shares prior to the issue are 1,15,41,80,729, increasing to 1,29,26,82,416 post-issue, assuming full subscription.