Fund Raising Details
- Mode of Fund Raising: Rights Issue
- Total Amount Raised: ₹24,874.26 Crores
- Fund Receipt Dates:
- Application Money: December 12, 2025
- First Call Money: February 4, 2026
- Second Call Money: March 24, 2026
- Monitoring Agency: CARE Ratings Limited
Fund Utilization Breakdown
| Purpose | Original Allocation (₹ Cr) | Funds Utilized (₹ Cr) |
| Repayment/pre-payment of borrowings and perpetual debt instruments of Adani Enterprises Limited and Adani Airport Holdings Limited | 18,698.00 | 18,698.00 |
| General corporate purposes | 6,208.05 | 6,152.01 |
| Issue expenses | 24.25 | 24.25 |
| Total | 24,930.30 | 24,874.26 |
Key Observations
- No deviation or variation from objects stated in Letter of Offer dated November 12, 2025
- Entire funds raised have been utilized for stated objects
- Call money amounting to ₹56.04 crore is yet to be received in monitoring account
- Utilization figures exclude income earned on interim investments of funds
Rights Issue Structure Details
- Rights Equity Shares issued on partly paid-up basis
- Application money: ₹900 per share (50% of issue price)
- First call money: ₹450 per share (25% of issue price)
- Second and final call money: ₹450 per share (25% of issue price)
- Face value allocation: ₹0.50 (application), ₹0.25 (first call), ₹0.25 (second call)
- Premium allocation: ₹899.50 (application), ₹499.75 (first call), ₹499.75 (second call)