Adani Enterprises Limited (AEL) has submitted its Monitoring Agency Report for the quarter ended September 30, 2026. The report, prepared by CARE Ratings Limited, details the utilization of funds raised through its rights issue. The company confirmed that fund utilization aligns with the stated objects in the offer document, with no material deviations noted by the Board of Directors.
Monitoring Agency Report Filed for Q2 FY27
Adani Enterprises Limited (AEL) has officially released its Monitoring Agency Report for the second quarter of the fiscal year 2027, ending September 30, 2026. This report provides an overview of how the proceeds from the company’s recent rights issue have been utilized.
Fund Utilization Overview
The report, compiled by CARE Ratings Limited in its capacity as the Monitoring Agency, confirms that the utilization of funds raised through the rights issue has been in accordance with the disclosures made in the offer document. The total issue size was Rs. 24,930.30 crore.
Key figures from the report indicate that for the quarter ended September 30, 2026:
- An amount of Rs. 32.56 crore was received and utilized towards General Corporate Purposes (GCP).
- This utilization was in line with the object clause as stated in the offer document.
Board of Directors’ Observations
The Board of Directors of Adani Enterprises Limited has reviewed the report and noted that there have been no material deviations from the objects for which the funds were raised. The utilized funds were deployed as per the stated purposes outlined in the offer document.
Key Financials and Status
As of the end of the quarter, the total utilized amount for the monitored objects stood at Rs. 24,906.82 crore, with a total unutilized amount of Rs. 24.25 crore. A specific mention is made regarding call money amounting to Rs. 23.48 crore yet to be received in the monitoring account.
The report also details the deployment of the Rs. 32.56 crore allocated for General Corporate Purposes, confirming its utilization towards vendor payouts as stated in the offer document.
Source: BSE
