Adani Enterprises rights issue to raise ₹24,930 crore
pre-market1 source ↓written by the desknot a recommendation
- and close
- 25 Nov
- and close
- 10 Dec
- aims to raise
- ₹24,930 crore
Adani Enterprises will open its rights issue for subscription on 25 Nov and close on 10 Dec. The company aims to raise ₹24,930 crore, marking one of the largest rights issues in India. This move allows existing shareholders to purchase new shares at a discounted rate, potentially impacting market liquidity and investor sentiment.
• Rights issue amount: ₹24,930 crore
• Subscription period: 25 Nov - 10 Dec
• Market implications: May enhance capital structure and investor confidence.
Not investment advice. For informational purposes only.