Adani Enterprises Limited has informed the Exchange regarding 'Conversion Of Rs. 0.75 Partly Paid-Up Equity Shares Into Rs. 1.00 Fully Paid-Up Equity Shares In Relation To The Rights Issue By Adani Enterprises Limited, Upon Receipt Of The Payment In Respect Of The Second And Final Call Through The ASBA Facility, To The Extent Applicable'.
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Adani Enterprises has converted 13,74,74,268 partly paid-up equity shares into fully paid-up equity shares of face value ₹1.00 each. These shares were issued under a prior Rights Issue and were 75% paid-up (₹0.75 face value + ₹1,349.25 premium per share). The conversion was approved by the Rights Issue Committee on March 19, 2026, after the company received the Second and Final Call Money from shareholders through the ASBA facility. The fully paid-up shares will carry ISIN INE423A01024. This marks the completion of the rights issue's capital collection process.
This is a routine procedural step that finalizes the rights issue, making the shares fully tradable. No new equity is being issued, so there is no additional dilution for existing shareholders beyond what was already planned in the original rights issue.