Mumbai, Nov 12: Adani Enterprises Ltd (AEL) has announced a ₹24,930.30 crore rights issue to raise capital through the issuance of partly paid up equity shares, marking one of the largest fundraising exercises in the company’s history.
The Rights Issue Committee, in its meeting held on November 11, 2025, approved the detailed terms of the offer following the in principle approval received from both the BSE and NSE on November 7.
The issue price has been set at ₹1,800 per share, representing an approximate 24% discount to the current market price. The issue allows existing shareholders to purchase additional shares at a discounted rate, helping the company bolster funds for expansion, debt repayment, and general corporate purposes.
Under the approved terms, the rights issue will comprise 13,85,01,687 partly paid up equity shares of face value ₹1 each, aggregating to ₹24,930.30 crore, assuming full subscription and payment of call monies.
In its filing to the exchanges on Tuesday, Adani Enterprises said the record date to determine eligible shareholders entitled to participate in the rights issue has been fixed as Monday, November 17, 2025.
The rights entitlement ratio has been set at 3 Rights Equity Shares for every 25 fully paid up Equity Shares held by shareholders as of the record date.
This rights issue marks another strategic step by the Adani Group to strengthen its balance sheet, enhance liquidity, and reduce leverage following an aggressive expansion phase across infrastructure, energy, and logistics sectors.