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Adani Enterprises board approves raising ₹25,000 crore via rights issue. Check details

Published on 04/11/2025 03:26 PM

Billionaire Gautam Adani-led conglomerate, Adani Enterprises' board of directors on Tuesday, 4 November 2025, approved raising ₹25,000 crore through a rights issue of equity shares to its shareholders, according to an exchange filing.

The power-to-port conglomerate's board said that Adani Enterprises will issue partly paid-up equity shares amounting to ₹25,000 crore with a face value of Re 1 apiece.

Adani Enterprises' board also announced that the ‘Record Date’ for the rights issue of shares will be determined at a later point in time and announced after the required compliance with the regulatory norms.

“The Board has, inter alia, also considered and approved the issuance of partly paidup equity shares of the Company of face value of Re 1 each for an amount not exceeding ₹25,000.00 crore by way of a rights issue to the eligible equity shareholders of the Company, as on the record date (to be determined and notified subsequently), in accordance with applicable laws,” the company informed the stock exchanges through its filing.

Adani Enterprises' board of directors also declared the company's July to September quarter results for the financial year ending 2025-26. The company recorded a 71% rise in their consolidated net profits to ₹3,414 crore, compared year-on-year (YoY) with ₹1,989 crore in the same period a year ago.

However, the company's revenue from core operations dropped 6% to ₹21,248 crore in the second quarter of the 2025-26 fiscal year, compared YoY with ₹22,608 crore in the same quarter of the previous financial year, according to the consolidated statements.

The BSE filing also highlighted that the company made its rise in net profits due to an additional gain from “exceptional items” of ₹3,286.22 crore during the July to September quarter of the current fiscal year.

The company's debt-to-equity ratio stood at 1.50, compared to its 1.34 levels in the same period a year ago. The segmental revenue data showed that the conglomerate's income from Integrated Resources Management, Commercial Mining, and Other Income dropped the most during the second quarter.

(This is a developing story. Please check back for updates)

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Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.

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