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Adani Enterprises jumps on announcing details of rights issue

12-Nov-2025 | 14:47
Adani Enterprises climbed 5% to Rs 2,484.60 after the company disclosed detailed terms of its upcoming Rs 25,000 crore rights issue.
In an exchange filing, the company said the rights issue committee of the board, at its meeting held on 11 November 2025, approved key terms including the issue price of Rs 1,800 per share and a rights entitlement ratio of three shares for every 25 held (3:25).

The issue price of Rs 1,800 per share represents a 23.93% discount to the stock?s previous closing price of Rs 2,366.30 on the BSE.

The issue comprises 13.85 crore partly paid-up equity shares, aggregating to Rs 24,930.30 crore, assuming full subscription and payment of call monies. The record date for determining eligible shareholders has been fixed as 17 November 2025.

Following the issue, Adani Enterprises? outstanding equity shares will rise from 115.41 crore to 129.26 crore, based on full subscription.

The rights issue, which was first approved by the company?s board on 4 November 2025, is part of Adani Enterprises? broader plan to strengthen its balance sheet and support the next phase of business incubation.

Adani Enterprises (AEL) is the flagship company of Adani Group, one of India's largest business conglomerates. The company's business investments are centered on the fields of airport management, technology parks, roads, data centers, and water infrastructure.

The company's consolidated net profit jumped 83.65% to Rs 3,198.75 crore while revenue from operations declined 6.01% to Rs 21,248.51 crore in Q2 FY26 over Q2 FY25.

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