ADANIENTNSEAdani Enterprises Limited· TradingLowNeutral
Announced Mon, 6 Apr · 22:44 IST

Adani Enterprises Limited has informed the Exchange regarding 'Conversion Of Partly Paid-Up Rights Equity Shares Into Fully Paid-Up Equity Shares In Relation To The Rights Issue ('Rights Issue') By Adani Enterprises Limited (The 'Company'), Upon Receipt Of The Call Monies, As Applicable, Through Modes Other Than The ASBA Facility'.

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Price reaction · full curve 14 horizons · vs prior close
+7.7%1-day move
₹1899.50
prior close
₹1890.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2+0.1+0.6-0.5+7.7+7.4+9.9+12.1+12.6+17.1+27.1+32.7+55.8+63.7
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AI summary

Adani Enterprises has converted partly paid-up Rights Equity Shares into fully paid-up equity shares after receiving call monies from its recent Rights Issue. A total of 20,583 shares that were 75% paid-up (face value ₹1 + ₹1,349.25 premium) and 2,33,470 shares that were 50% paid-up (face value ₹1 + ₹899.50 premium) were converted into fully paid-up shares of face value ₹1 each. The conversion applies only to call monies received through modes other than the ASBA facility. This decision was approved by the Rights Issue Committee on April 6, 2026.

Likely market impact

This is a routine follow-up action completing the Rights Issue process. Shareholders who paid the remaining call money now hold fully paid-up shares, while non-paying holders' shares remain partly paid-up. No immediate share price impact is expected from this conversion itself.