Adani Enterprises Limited has announced the successful conversion of 254,053 partly paid-up rights equity shares into fully paid-up equity shares. Approved by the Rights Issue Committee on April 6, 2026, this milestone follows the receipt of outstanding Call Monies. The conversion covers both 75% paid-up and 50% paid-up shares, consolidating the company’s equity structure and ensuring all processed shares now hold a face value of ₹1.00 each.
Conversion Details
Following the receipt of the required Call Monies, the Rights Issue Committee of Adani Enterprises Limited finalized the conversion of two categories of partly paid-up shares into fully paid-up equity shares during their meeting on April 6, 2026. The initiative confirms the company’s commitment to optimizing its capital structure.
Breakdown of Converted Shares
The total conversion consists of two primary groups:
- 20,583 shares: These were previously 75% paid-up (comprising ₹0.75 face value and ₹1,349.25 premium). These have now been converted to fully paid-up shares with a face value of ₹1.00 following the receipt of the Second and Final Call Money.
- 233,470 shares: These were previously 50% paid-up (comprising ₹0.50 face value and ₹899.50 premium). These have been converted to fully paid-up status after the receipt of both the First Call Money and the Second and Final Call Money.
Procedural Notes
All converted shares now bear the ISIN INE423A01024. The company has clarified that this conversion process applies specifically to payments received for the First Call Money and Second and Final Call Money made through channels other than the ASBA facility.
Source: BSE
