Adani Enterprises announces ₹24,930 crore rights issue terms

Adani Enterprises Limited announced the terms of its rights issue, approved by the board and the rights issue committee on November 11, 2025. The company will issue 138,501,687 rights equity shares, each with a face value of ₹1, at an issue price of ₹1,800.00 per share (including a premium of ₹1,799.00). This issuance targets an aggregate amount of ₹24,930.30 crore, assuming full subscription.

Payment for the rights equity shares will occur in three tranches: an initial payment of ₹900.00 per share upon application, followed by a first call of ₹450.00 per share between January 12-27, 2026, and a second and final call of ₹450.00 per share between March 2-16, 2026. The record date for determining eligible shareholders for the rights issue is Monday, November 17, 2025.

The rights entitlement ratio is set at 3 rights equity shares for every 25 fully paid-up equity shares held on the record date, with an ISIN of INE423A20016 for the entitlements. The issue will open on November 25, 2025, and close on December 10, 2025, with the last date for credit of rights entitlements being November 18, 2025. Post-issue, assuming full subscription, the total outstanding equity shares will be 1,292,682,416.