Adani Enterprises – Rights Issue 2025

Adani Enterprises – Rights Issue 2025

Adani Enterprises Limited (AEL), part of the Adani Group, is among India’s largest and most diversified conglomerates with interests across energy, infrastructure, logistics, transportation, and consumer businesses.

Acting as the business incubator for the Group, AEL has been instrumental in creating and nurturing several key ventures such as Adani Ports, Adani Power, Adani Green Energy, and Adani Wilmar. It continues to incubate high-growth sectors aligned with India’s development priorities, including green hydrogen, data centers, airports, and digital services.

The company’s strategy revolves around nation-building, infrastructure creation, and sustainable growth while maximizing value for shareholders, employees, and other stakeholders.

Current Market Price: Rs. 2,422 as on 21 November 2025
Rights Issue Offer Price: Rs. 1,800 per share

Last Updated: 28 November 2025, 6.00 AM

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Rights Issue Details

Issue Open- 25 November 2025

Issue Close – 10 December 2025

Security Name
Adani Enterprises Limited

Issue Size (Shares)
13,85,01,687

Issue Size (Amount)
Rs. 24,930.30 Crores

Issue Price
Rs. 1,800 per share

Face Value
Rs. 1 per share

Listing At
BSE, NSE

Terms of Payment
The Issue Price of Rs. 1,800/- per share is payable as Rs. 900/- per share on Application and Rs. 900/- per share on one or more subsequent Calls.

Entitlement
3 Rights Equity Shares for every 25 fully paid-up Equity Shares held on Record Date


Rights Issue Timetable

Last Date to buy shares 14-Nov-25
Record Date 17-Nov-25
Credit of Rights Entitlements 18-Nov-25
Bid/Offer Opens On 25-Nov-25
Renunciation of Rights Entitlements 05-Dec-25
Bid/Offer Closes On 10-Dec-25
Deemed Date of Allotment 11-Dec-25
Credit Date 12-Dec-25
Listing Date 16-Dec-25

Objects of the Rights Issue

The Company intends to utilize the Net Proceeds from the Issue towards the following objectives:

  1. Repayment / Pre-payment (in full or part) of certain outstanding borrowings and perpetual debt instruments availed by the Company and its subsidiary Adani Airport Holdings Limited, including interest accrued thereon.

  2. General corporate purposes.


Financial Snapshot

Period Ended 30-Sep-25 31-Mar-25 31-Mar-24
Total Income 44,280.69 1,00,365.08 98,281.51
Profit After Tax 4,291.59 7,510.22 3,293.40
NET Worth 43,147.19 39,627.74 29,447.31
Reserves and Surplus 50,139.79 46,397.43 35,160.97
Amount in Rs. Crore

(Amount in Rs. Crore)

Revenue rose 2% YoY, while PAT surged 128%, demonstrating strong operational performance and improving profitability.


Company Contact Information

Adani Enterprises Limited
Adani Corporate House,
Shantigram, Near Vaishno Devi Circle,
S.G. Highway, Khodiyar, Ahmedabad – 382421
Phone: +91 79 2555 5441
Email: investor.ael@adani.com
Website: https://www.adanienterprises.com/


Registrar to the Rights Issue

MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: adanienterprise.rights2025@in.mpms.mufg.com
Website: https://linkintime.co.in/initial_offer/public-issues.html


Lead Manager of the Rights Issue

(To be announced)


Adani Enterprises Limited – Rights Issue Review

(By Paresh Gordhandas, CA & Research Analyst)

Adani Enterprises, the flagship incubator of the Adani Group, continues to play a pivotal role in India’s infrastructure and green energy growth. The upcoming Rs. 24,930 crore Rights Issue at Rs. 1,800 per share (a discount of about 28% to the current market price of Rs. 2,516.80) is one of the largest corporate fundraising initiatives of FY25.

The proceeds will help reduce debt, strengthen the Group’s balance sheet, and fund expansion in airports, green hydrogen, and digital ventures. With PAT growth of 140% YoY and rising EBITDA, the company has demonstrated financial strength despite volatile global conditions.

Chanakya View:
Given the strategic importance, attractive pricing, and solid growth trajectory, existing shareholders should subscribe. This issue reinforces the Adani Group’s long-term vision of sustainable value creation while maintaining financial prudence.

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