Adani Enterprises Ltd (AEL), the flagship incubator of the Adani Group, is set to open its massive ₹24,930.30 crore Rights Issue on November 25, 2025. The company plans to issue 13.85 crore equity shares at a fixed price of ₹1,800 per share, offering existing shareholders an opportunity to increase their stake at a discounted rate.
Rights Issue Structure & Pricing
Eligible shareholders—those holding AEL shares as of the record date, November 17, 2025—can subscribe to the issue in the ratio of 3 rights shares for every 25 shares held.
The payment terms are structured across three tranches:
- ₹900 per share (50%) payable at the time of application
- ₹450 per share payable in the first call
- ₹450 per share payable in the second call
This staggered payment plan aims to ease the subscription process for investors.
Adani Enterprises Rights Issue: Important Dates
| Event | Date |
| Last date to purchase shares (cum-rights) | November 14, 2025 |
| Record date for eligibility | November 17, 2025 |
| Rights entitlement credit | November 18, 2025 |
| Issue opening date | November 25, 2025 |
| Last date for renunciation of rights | December 5, 2025 |
| Issue closing date | December 10, 2025 |
| Allotment (deemed date) | December 11, 2025 |
| Credit of shares | December 12, 2025 |
| Listing of new shares | December 16, 2025 |
How the Company Plans to Use the Funds
The proceeds from this Rights Issue will support AEL’s strategic and operational goals. Key utilisation areas include:
- Debt Reduction
A portion of the funds will be allocated towards:
- Repayment or prepayment of selected borrowings
- Reduction of perpetual debt instruments
This includes liabilities held by both Adani Enterprises and its subsidiary, Adani Airport Holdings Limited.
- General Corporate Purposes
The remaining funds will be directed toward:
- Strengthening balance sheet flexibility
- Supporting ongoing business activities
- Fueling long-term strategic projects across the company’s high-growth verticals
About Adani Enterprises Ltd
Adani Enterprises serves as the growth engine of the Adani Group—one of India’s most influential and diversified conglomerates. The company operates across energy & utilities, transport & logistics, consumer, and primary industries, with a unique incubation-driven business model.
Known as one of India’s most prominent listed business incubators, AEL has a proven history of scaling early-stage ventures into large, self-sustaining businesses. The company continues to play a pivotal role in shaping India’s infrastructure and economic landscape through its wide portfolio of next-generation projects.
Summary
Adani Enterprises is set to open its ₹24,930 crore Rights Issue on November 25, 2025, offering shares at ₹1,800 each in a 3:25 ratio for eligible shareholders. With flexible payment terms and a clear strategic focus, the company aims to utilise the proceeds for debt reduction and general corporate purposes. As the flagship incubator of the Adani Group, AEL’s capital raise supports its ongoing expansion across key sectors including energy, transport, and infrastructure.
Disclaimer:
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