Adani Enterprises Limited (AEL) has announced a rights issue of partly paid-up equity shares to eligible shareholders. The issue size is up to ₹24,930.30 crores, with shares offered at ₹1,800.00 each. The rights issue ratio is 3 Rights Equity Shares for every 25 fully paid-up Equity Shares held. The issue aims to repay borrowings, finance growth, and address general corporate needs. Payment will be in installments, with initial payment due on application.
Rights Issue Details
Adani Enterprises Limited (AEL) is set to launch a Rights Issue of partly paid-up equity shares for eligible shareholders, as detailed in their Letter of Offer dated November 12, 2025. Key details include:
- Issue Size: Up to 13,85,01,687 partly paid-up Equity Shares.
- Issue Price: ₹1,800.00 per Rights Equity Share (including a premium of ₹1,799.00).
- Total Issue Amount: Aggregating up to ₹24,930.30 crores.
- Rights Ratio: 3 Rights Equity Shares for every 25 fully paid-up Equity Shares held on the record date, November 17, 2025.
- Payment Terms: Payable in installments, with ₹900.00 due on application.
Issue Schedule
The following schedule is relevant to eligible equity shareholders:
- Issue Opening Date: November 25, 2025
- Issue Closing Date: December 10, 2025
- Last Date for On-Market Renunciation: December 5, 2025
Objective and Payment Structure
The funds raised will be directed towards:
- Repaying/prepaying certain outstanding borrowings and perpetual debt instruments.
- General corporate purposes.
The payment schedule involves an initial application payment of ₹900.00 per share, with the remaining balance due in subsequent calls.
Inquiries and Further Information
Eligible equity shareholders are requested to contact the Registrar at
[email protected] for any issue and or questions.
Source: BSE
