Adani Enterprises Limited announced the conversion of 13,74,74,268 partly paid-up equity shares into fully paid-up shares following the receipt of the Second and Final Call Money. These shares, originally 75% paid-up (₹0.75 paid against ₹1.00 face value plus a premium), are now converted to ₹1.00 fully paid shares. The conversion was approved on March 19, 2026, strictly for payments received via the ASBA facility.
Conversion of Rights Issue Shares Approved
Adani Enterprises Limited (the “Company”) announced a significant corporate action regarding its recent Rights Issue, as confirmed in a regulatory filing on March 19, 2026. Following the deadline for the Second and Final Call payment, the Rights Issue Committee approved the conversion of outstanding partly paid shares.
Key Conversion Statistics
The core of the announcement revolves around the conversion of 13,74,74,268 partly paid-up Rights Equity Shares. These shares were originally 75% paid-up, representing ₹0.75 of the face value of ₹1.00 each, alongside a substantial premium component of ₹1,349.25 per share.
Upon the successful receipt of the Second and Final Call Money, these shares have been converted into an equal number of 13,74,74,268 fully paid-up equity shares, each having a face value of ₹1.00 and bearing ISIN INE423A01024.
Payment Modality Constraint
It is important to note that this mandatory conversion is being undertaken exclusively for those Call Monies that were duly received through the ASBA facility. This compliance ensures that only shares for which the full payment obligation has been met are upgraded to fully paid status, as per the terms outlined in previous communications dated February 9, 2026, and February 17, 2026.
Source: BSE
