Adani Enterprises Clears Rs 25,000 Crore Rights Issue as Profit Jumps 83.7%

Overview

• The board approved raising up to Rs 25,000 crore via a rights issue of partly paid-up equity shares with a face value of Rs 1.
• Details including the record date, issue price, entitlement ratio, timetable and payment schedule will be decided by the Rights Issue Committee.
• Adani Enterprises reported Q2 FY26 consolidated net profit of Rs 3,199 crore, up 83.7% year on year.
• The company said proceeds will strengthen the balance sheet and support its business incubations across areas such as airports, data centers and roads.
• Context for investors includes the 2023 equity raise that was withdrawn after short-seller allegations and SEBI’s Sept. 18 finding of no regulatory violations at Adani group companies.