Adani Enterprises Limited has announced a ₹25,000 crore rights issue aimed at enhancing its equity base. The decision was made during the Board of Directors meeting on November 4, 2025, where the board approved the company's unaudited financial results for the quarter and half-year ended September 30, 2025. The financial results, which will be made available on their official website, show the company's performance in line with the Securities and Exchange Board of India (SEBI) regulations. The rights issue will allow eligible shareholders to subscribe to partly paid-up equity shares at a future date to be determined.
The company is currently preparing to finalize the rights issue specifics, including the issue price, rights entitlement ratio, and record date. These details will be disclosed to the exchanges in due course. The initiative comes as part of Adani's broader strategy to bolster its financial standing and is subject to regulatory approvals. This move is particularly significant given the ongoing scrutiny and challenges faced by some of its subsidiaries, including Mumbai International Airport Limited, which is currently under investigation by the Ministry of Corporate Affairs.
In addition to the rights issue, the board reviewed the financial performance of its subsidiaries, reporting total assets of ₹1,60,304.74 crores and total revenue of ₹27,654.65 crores for the half-year ending September 30, 2025. Despite ongoing legal challenges, the company maintains a going concern position, assuming continued financial support from its parent and other subsidiaries. This rights issue is seen as a critical step for Adani Enterprises to navigate through its current challenges while aiming for future growth and stability in the financial markets.