Adani Enterprises Ltd (AEL), the flagship incubator of the Adani Group, has officially opened its mega ₹25,000 crore rights issue for subscription as of yesterday, Tuesday, November 25, 2025.
For existing shareholders, this is a significant opportunity to increase their stake in the conglomerate at a discounted price. If you hold Adani Enterprises shares in your portfolio, here is everything you need to know before the issue closes on December 10, 2025.
Offer at a Glance
The company is offering shares at a steep discount compared to the current market price. Here are the headline numbers:
| Parameter | Details |
|---|---|
| Issue Price | ₹1,800 per-share (approx. 24% discount to market price) |
| Entitlement Ratio | 3:25 (3 Rights Equity Shares for every 25 fully paid shares held) |
| Issue Period | 25 November 2025 – 10 December 2025 |
| Total Issue Size | ₹24,930 Crore |
| Payment Mode | Partly paid (Staggered payment) |
Note: The issue is open only to eligible shareholders who held shares as of the record date (November 17, 2025). If you bought shares after this date, you are not eligible for the Rights Entitlements (REs).
(Source: The Hindu)
Staggered Payment: You Don’t Pay All at Once
One of the attractive features of this rights issue is that investors do not need to pay the full ₹1,800 per share upfront. The payment is split into three tranches:
- On Application (Now): You pay ₹900 per share (50%)
- First Call (Jan 2026): You pay ₹450 per share (Expected between 12–27 Jan, 2026)
- Final Call (Mar 2026): You pay the remaining ₹450 per-share (Expected between 2–16, Mar 2026)
This structure allows investors to manage their cash flow better while securing the shares immediately.
Why is Adani Enterprises Raising Funds?
Adani Enterprises acts as the incubator for the group’s new businesses. The proceeds from this mega-issue will be utilised to fuel India’s infrastructure boom. Specifically, the funds are allocated for:
- Green Energy: Green hydrogen ecosystem development.
- Infrastructure: To fund projects for airports and roads.
- Data Centers: Expanding digital infrastructure.
- Manufacturing: To build PVC and copper smelting capacities.
- Debt Management: A portion of the funds will also be used to pay down debt, improving the company’s net debt-to-EBITDA ratio, which stood at 3x in the first half of FY26.
(Source: Financial Express, Adani Enterprises Ltd.)
How to Apply for the Adani Enterprises Rights Issue 2025?
Applying for a rights issue is simple, but it is typically done through your net-banking portal.
- Check Your Holdings: Ensure you have “Adani Ent-RE” (Rights Entitlements) credited to your Demat account.
- Login to Net-banking: Go to your bank’s website (SBI, HDFC, ICICI, etc.).
- Find ASBA Services: Look for “e-Services” or “Investment” sections and select ASBA (Applications Supported by Blocked Amount).
- Select the Issue: Find “Adani Enterprises Rights Issue” in the active list.
- Enter Details: Fill in the number of shares you wish to apply for (up to your entitlement or more) and your Demat account number.
- Block Funds: The bank will block the application amount (₹900 × number of shares) in your account.
Important Deadline: The issue closes on Wednesday, December 10, 2025. Do not wait until the last hour to apply!
(Source: Livemint)
The Bottomline
The Adani Enterprises Rights Issue presents a clear-cut opportunity for eligible shareholders to participate in the flagship incubator’s growth story at a significant discount. Priced attractively at ₹1,800 per-share approximately 24% below the market price this ₹24,930 Crore mega-issue is a strategic move designed to fuel the Adani Group’s aggressive expansion across India’s core infrastructure sectors.
For existing shareholders, time is critical. Ensure your Rights Entitlements (REs) are used via the ASBA facility before the absolute deadline: Wednesday, December 10, 2025. This is a key investment opportunity to increase stake in AEL Shares and align with the conglomerate’s ambitious infrastructure roadmap.
Disclaimer: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for information purpose only and in no way to be considered as an advice or recommendation. The securities are quoted as an example and not as a recommendation.
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