Adani Enterprises Sets Record Date For Rs 450 Rights Issue Call; Key Details Inside

In accordance with SEBI Listing Regulations, Adani Enterprises Limited has notified the stock exchanges of the results of its Rights Issue Committee meeting, which took place on December 17, 2025. In order to identify eligible holders of partly paid-up equity shares who would be required to pay the first call money on the rights issue, the committee set December 23, 2025, as the record date.

As revealed on December 11, 2025, the company had previously allocated 13,85,01,687 partly paid-up equity shares with a face value of Rs 1 apiece on a rights basis. The first call payment window is anticipated to take place between January 12, 2026, and January 27, 2026, in accordance with the agreed payment schedule previously stated in the Letter of Offer dated November 12, 2025.

A first call notice for payment of Rs 450 per rights equity share-which comprises Rs 0.25 for face value and Rs 449.75 for share premium-will be issued to shareholders whose names appear on the record date. This amount represents 25% of the total issue price of Rs 1,800 per share.

Adani Enterprises Limited has notified the stock exchanges that, following the finalization of the basis of allotment in consultation with the National Stock Exchange of India, its Rights Issue Committee approved the issuance of 13,85,01,687 partly paid-up equity shares of face value Rs 1 each on a rights basis to eligible shareholders and renouncees at a meeting held on December 11, 2025. This allocation is in line with the Letter of Offer dated November 12, 2025, as well as the rights issue that the Board approved at its meetings on November 4 and November 11, 2025.

Each rights equity share has been paid Rs 900 upon application, including a premium of Rs 899.50. The offer agreement specifies that the remaining portion of the issue price would be paid in two separate calls. Following allocation, the company's paid-up equity share capital consists of 13,85,01,687 equity shares with Rs 0.50 paid-up and 1,15,41,80,729 fully paid-up equity shares of Rs 1 each, totaling a rights issue size of around Rs 24,930.30 crore.

Adani Enterprises Target Price

"Adani Enterprises is trading in a positive trend, holding above its key short- and medium-term moving averages. Immediate support is placed near ₹2,150, while resistance is seen around ₹2,300. A sustained move above resistance can trigger fresh upside. Hold at CMP with SL ₹2,150 and target ₹2,400," commented technical analyst Riyank Arora of Mehta Equities.

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