Adani Enterprises Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32
ADANIENT · price
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Adani Enterprises has filed a statement confirming no deviation in utilization of proceeds from its Rights Issue. The company raised Rs. 24,852.32 crore through partly paid Rights Equity Shares, with calls made in December 2025, February 2026, and March 2026. Of this, Rs. 17,245.44 crore was used for repayment/pre-payment of borrowings and perpetual debt instruments (including for subsidiary Adani Airport Holdings Limited), Rs. 6,208.05 crore was allocated for general corporate purposes, and Rs. 23.50 crore for issue expenses. Total funds utilized stood at Rs. 22,669.73 crore. Rs. 77.98 crore in call money is yet to be received. CARE Ratings Limited acted as the monitoring agency.
The confirmation of no deviation in fund utilization is a positive signal for shareholders, indicating proper deployment of the massive Rs. 24,852 crore rights issue proceeds as disclosed. The heavy focus on debt repayment strengthens the company's balance sheet.