Adani Enterprises Limited has announced the conversion of a total of 2,54,053 partly paid-up Rights Equity Shares into fully paid-up equity shares. This conversion follows the receipt of the required Call Monies, as applicable, related to the company’s recent rights issue.
The Rights Issue Committee of the Board of Directors approved this conversion during its meeting held on 6 April 2026. Specifically, 20,583 partly paid-up Rights Equity Shares, which were 75% paid-up, have been converted into fully paid-up shares. These shares had a face value of ₹1.00 each, with ₹0.75 of the face value and a premium of ₹1,349.25 already paid. The conversion was completed following the receipt of the Second and Final Call Money.
Additionally, 2,33,470 partly paid-up Rights Equity Shares, which were 50% paid-up, have also been converted into fully paid-up shares. These shares had a face value of ₹1.00 each, with ₹0.50 of the face value and a premium of ₹899.50 already paid. The conversion was completed after receiving the First Call Money and the Second and Final Call Money.
The conversions are applicable to Call Monies received through modes other than the ASBA facility. The converted shares bear the ISIN INE423A01024.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).