Adani Enterprises to Raise Rs 25,000 Crore
Adani Enterprises Ltd has taken a significant step to raise Rs 25,000 crore through a rights issue, aimed at bolstering its financial position and supporting future growth initiatives. This rights issue offers shareholders three new equity shares for every 25 shares they currently own, making it an attractive opportunity for existing investors.
The issue price has been set at Rs 1,800 per share, which represents a 24% discount compared to the closing price of Rs 2,366.30 on the BSE. This pricing strategy serves to encourage participation from shareholders while also facilitating a substantial capital influx for the company.
In total, Adani Enterprises plans to issue approximately 13.85 crore partly paid-up equity shares with a nominal value of ₹1 each. The total amount raised from this rights issue is projected to be around Rs 24,930 crore, which can significantly enhance the company's liquidity and funding capabilities.
The record date for determining eligibility to participate in this rights issue is set for November 17, 2025. Investors who own shares of Adani Enterprises as of November 14 will have the opportunity to partake in this offer. This strategic move is essential in a competitive market, as it reflects the company's commitment to expanding its operations and financial resilience.
In the Indian context, this rights issue is particularly notable given the ongoing market fluctuations and the need for companies to adapt and secure funding in innovative ways. Investors are keenly watching how this move will impact Adani Enterprises' stock performance in the coming months.
Overall, this rights issue represents a proactive approach by Adani Enterprises to solidify its market position and prepare for future growth amidst a dynamic economic landscape.