Archive · 12 Nov 2025
Adani Enterprises Plans Rs 25,000 Crore Rights Issue at Discount
Adani Enterprises is planning to raise a large amount of money, about ₹25,000 crore, by offering new shares to its existing owners, called shareholders.
This is done through something called a rights issue.
The price for these new shares is set at ₹1,800 each, which is lower than the current market price, making it more appealing.
For every 25 shares a shareholder owns, they can buy 3 new shares.
The company says the money raised will be used to fund its projects and general business growth.
This is one of the biggest fundraising efforts for the Adani Group.
It's important to note that Adani Enterprises had previously canceled a similar fundraising plan after some reports raised concerns, but the market regulator later cleared the group of those allegations.
The company hopes this discounted share offer will encourage shareholders to participate.
Adani Enterprises approved a rights issue to raise approximately ₹24,930.30 crore.
The issue price is set at ₹1,800 per share, about a 24% discount to the current market price.
Shareholders are entitled to subscribe to 3 rights shares for every 25 fully paid-up shares held as of the record date, November 17, 2025.
The capital raised is intended for expansion, debt repayment, and other corporate purposes to support future growth.
This follows a previously canceled FPO and comes after SEBI cleared the Adani Group of allegations made in a Hindenburg report.
- Who
- Adani Enterprises Ltd (AEL)
- What
- Approved a rights issue of partly paid-up equity shares to raise capital.
- When
- Record date November 17, 2025; Issue approved November 11, 2025; Published November 12, 2025.
- Where
- India
- Why
- To raise capital for expansion, debt repayment, or other corporate purposes and to strengthen its capital structure.
Company's Stated Goals
Market Context and Investor Sentiment
Purpose of Capital Raise
Company's Stated Goals
The company aims to raise capital through a rights issue for expansion, debt repayment, or other corporate purposes, supporting future growth initiatives and strengthening its capital structure.
Market Context and Investor Sentiment
This rights issue follows the cancellation of a previous ₹20,000 crore FPO after the Hindenburg report, despite SEBI clearing the Adani Group of allegations. Investor confidence may still be a factor.
Rights Issue Discount
Company's Stated Goals
The issue price of ₹1,800 per share is set at an approximate 24% discount to the current market price, intended to make it attractive for existing shareholders.
Market Context and Investor Sentiment
The discount may reflect the company's effort to ensure subscription success given past market volatility and the need to rebuild investor trust.
- Total Fundraise Amount
- Up to ₹24,930.30 crore
- Rights Issue Price
- ₹1,800 per share
- Discount to Market Price
- Approximately 24%
- Rights Entitlement Ratio
- 3 Rights Equity Shares for every 25 fully paid-up Equity Shares
- Record Date
- November 17, 2025
- Issue Approval Dates
- November 11, 2025 (Rights Issue Committee), November 7, 2025 (BSE/NSE in-principle approval), November 4, 2025 (Board approval for rights issue)
- Face Value of Shares
- ₹1 each
Sources
Adani’s next IPO wave may begin in 2027 with airports and metals in focus
Adani Enterprises discloses details of Rs 24,930 crore rights issue at 24% discount; check details
Adani Enterprises to raise Rs 25,000 cr via rights issue at Rs 1,800 per share
Adani Enterprises Rights Issue: Record date, price, ratio, other key details of ₹25,000 crore offer
