Adani Enterprises Converts 481,079 Rights Shares

Key Quantitative Figures

The Rights Issue Committee approved the conversion of 481,079 partly paid-up Rights Equity Shares into fully paid-up equity shares of face value ₹1 per share (ISIN INE423A01024). The conversion comprises:

• 238,606 partly paid-up Rights Equity Shares that were previously 75% paid-up (₹0.75 face value + ₹1,349.25 premium paid, ISIN IN9423A01048), for which Second and Final Call monies have been received
• 242,473 partly paid-up Rights Equity Shares that were previously 50% paid-up (₹0.50 face value + ₹899.50 premium paid, ISIN IN9423A01030), for which both First Call and Second and Final Call monies have been received

Dates of Action

The Rights Issue Committee meeting approving the conversion was held on July 13, 2026. The action follows reminder notices issued on May 13, 2026 and May 18, 2026 for payment of pending call monies.

Parties Involved

The Rights Issue Committee of the Board of Directors approved the conversion. The disclosure was signed by Jatinkumar Rameshchandra Jalundhwala, Company Secretary & Joint President (Legal) (Membership No. FCS-3064).

Capital Structure Impact

The conversion results in 481,079 additional fully paid-up equity shares being added to the company's capital structure, completing the capital raising process for these specific rights issue shares.

Financial Impact

The financial impact represents the final receipt of call monies owed from the rights issue subscribers, converting contingent receivables into actual cash inflows and completing the equity capital contribution process for these shares.