Adani Enterprises has announced the conversion of 13,74,74,268 partly paid-up equity shares into fully paid-up equity shares. This move comes after the company received the Second and Final Call Money for its rights issue.
The Rights Issue Committee of the Board of Directors approved this conversion during a meeting held on 19 March 2026. The partly paid-up equity shares, which had a face value of ₹1.00 each and were 75% paid-up, have now been converted to fully paid-up shares with the same face value.
This conversion was facilitated through the ASBA facility, ensuring that the Call Monies received in relation to the Second and Final Call Money were properly accounted for. The shares bear the ISIN INE423A01024.
Adani Enterprises had previously communicated about the Second and Final Call on the partly paid-up equity shares through letters dated 9 February 2026 and 17 February 2026.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).