Adani Enterprises Limited announced the approval for the conversion of partly paid-up equity shares. The conversion involves ₹0.50 partly paid-up shares into ₹0.75 partly paid-up shares. This decision, made by the Board of Directors on February 2, 2026, impacts 13,77,96,213 equity shares. The conversion is related to the rights issue and subsequent receipt of the First Call Money.
Partly Paid-Up Share Conversion
Adani Enterprises Limited has announced the conversion of its partly paid-up equity shares. This decision directly relates to the rights issue undertaken by the company. Specifically, the conversion involves ₹0.50 partly paid-up equity shares being converted into ₹0.75 partly paid-up equity shares.
Board Approval and Share Details
The Rights Issue Committee of the Board of Directors, during their meeting held on February 2, 2026, approved the conversion of 13,77,96,213 partly paid-up equity shares. Initially, these shares had a face value of ₹1 each and were 50% paid-up, comprising ₹0.50 of the face value and ₹ 899.50 premium. Following the conversion, the shares will be partly paid-up equity shares with a face value of ₹1 each, that are 75% paid-up, comprising ₹ 0.75 of the face value and ₹ 1,349.25 premium. The ISIN for these shares is IN9423A01048.
Source: BSE
