Adani Enterprises Converts Shares Following Rights Issue Payment
Adani Enterprises Limited announced the conversion of equity shares following the receipt of payments related to its rights issue. The decision, approved by the Rights Issue Committee of the Board of Directors on March 19, 2026, involves the conversion of 13,74,74,268 partly paid-up equity shares into fully paid-up equity shares.The partly paid-up shares, initially carrying a face value of ₹ 1.00 each and 75% paid-up (₹ 0.75 of the face value and ₹ 1,349.25 premium), have been converted into fully paid-up equity shares with a face value of ₹ 1.00 each and an ISIN of INE423A01024.
The conversion specifically pertains to the Call Monies received through the ASBA facility for the Second and Final Call related to the rights issue. The announcement follows previous communications dated February 9, 2026, and February 17, 2026, regarding the Second and Final Call on the partly paid-up equity shares.
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