In a major financial update, Adani Enterprises Ltd (AEL) has declared the record date and entitlement ratio for its upcoming ₹24,900-crore rights issue. The announcement comes as the Adani Group intensifies its capital-raising efforts to fuel long-term expansion and reduce leverage.
The rights issue will allow existing shareholders to subscribe to additional shares in proportion to their current holdings. The entitlement ratio will determine the exact number of shares available per investor, ensuring equitable participation.
The proceeds from this massive ₹24,900-crore fundraise will primarily support Adani’s green hydrogen initiatives, airport modernization, and infrastructure development projects across India.
Financial experts view the move as a confidence-boosting measure for investors and a signal of the group’s commitment to transparency and sustainable growth.
