Adani Enterprises Rights Issue: Shares Trade Ex-Rights From Today

Starting today, Adani Enterprises shares will be known as 'ex-rights.'

This means that if you buy these shares now, you won't get the special offer to buy more shares at a discount, which is called a rights issue.

The company decided on a price of ₹1,800 for each new share.

This price was a good deal, being less than what the shares were worth the day before and even less compared to last Friday.

This type of offer is usually done to help the company raise more money for its projects.