Adani Enterprises to Convert Partly Paid-up Rights Shares Upon Receipt of Call Monies

Adani Enterprises to Convert Partly Paid-up Rights Shares Upon Receipt of Call Monies​

Adani Enterprises Limited announced details regarding the conversion of partly paid-up Rights Equity Shares into fully paid-up equity shares following the receipt of specified call monies. The conversion was approved by the Rights Issue Committee of the Board of Directors at its meeting held on April 6, 2026.

The conversion mechanism addresses two specific tranches of partly paid-up shares.

For one category, 20,583 partly paid-up Rights Equity Shares, each with a face value of ₹ 1.00, were 75% paid-up. These shares, comprising ₹ 0.75 of the face value and ₹ 1,349.25 premium, will be converted into 20,583 fully paid-up equity shares of face value of ₹ 1.00 each, bearing ISIN INE423A01024. This conversion is contingent upon the receipt of the Second and Final Call Money, to the extent applicable.

A second conversion pertains to 2,33,470 partly paid-up Rights Equity Shares. These shares, also with a face value of ₹ 1.00 each, were 50% paid-up, consisting of ₹ 0.50 of the face value and ₹ 899.50 premium. These shares are set to convert into 2,33,470 fully paid-up equity shares of face value of ₹ 1.00 each, bearing ISIN INE423A01024. This conversion is subject to the receipt of both the First Call Money and the Second and Final Call Money, to the extent applicable.

The conversion of these partly paid-up Rights Equity Shares into fully paid-up equity shares, each having a face value of ₹ 1.00, is strictly linked to the Call Monies received relating to the First Call Money and Second and Final Call Money, applicable only through modes other than the ASBA facility.

ADANIENT Stock Price Movement​

At the close of trade on Monday, Adani Enterprises Limited surged by 3.56% to settle at ₹1899.5. The stock moved within a strong intraday band, ranging between ₹1802.1 and ₹1909, on brisk trading action.

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