Adani Enterprises Limited has successfully concluded its Qualified Institutions Placement (QIP) on July 7, 2026. The company allocated 5,20,29,136 equity shares at an issue price of ₹2,883.00 per share. This placement, conducted under the SEBI ICDR Regulations and Companies Act, 2013, involved eligible qualified institutional buyers and reinforces the company’s capital-raising efforts.
Adani Enterprises Limited Completes Qualified Institutions Placement
Adani Enterprises Limited announced today, July 7, 2026, the successful closure of its Qualified Institutions Placement (QIP). The QIP Committee of the board of directors considered and approved key resolutions concerning the placement, which was undertaken under Chapter VI of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, and relevant sections of the Companies Act, 2013.
Placement Details and Allocation
The Issue was closed today, July 7, 2026, following the receipt of application forms and funds from eligible qualified institutional buyers. The company has determined and approved the allocation of 5,20,29,136 Equity Shares, each with a face value of ₹1. The issue price has been fixed at ₹2,883.00 per Equity Share, which includes a premium of ₹2,882.00 per Equity Share. This price reflects a discount of 5.00% (₹151.68 per Equity Share) to the floor price of ₹3,034.68 per Equity Share, as determined per the formula prescribed under Regulation 176(1) of the SEBI ICDR Regulations.
Placement Document and Confirmation
Furthermore, the placement document dated July 7, 2026, has been approved and adopted. The company has also finalized the confirmation of allocation notes to be dispatched to the eligible qualified institutional buyers, formally intimating them of their allocation of Equity Shares pursuant to the Issue. A copy of the placement document is available on the company’s website.
Source: BSE
