Description

BSE activates Call Money Module for first call on 13.85 crore partly paid-up equity shares of Adani Enterprises Limited, with Rs. 450 payable per share during the bidding period from January 13-27, 2026.

Summary

BSE has activated the Call Money Module on its IBBS platform for Adani Enterprises Limited to collect the first call money on partly paid-up equity shares. Shareholders holding 13,85,01,687 partly paid-up equity shares must pay Rs. 450 per share during the bidding period from January 13-27, 2026. Self-Certified Syndicate Banks (SCSBs) and Trading Members with 3-in-1 type accounts can submit call money details through the module.

Key Points

  • First call on partly paid-up equity shares of Adani Enterprises Limited
  • Total shares subject to call: 13,85,01,687 (13.85 crore shares)
  • Call money amount: Rs. 450 per partly paid-up equity share
  • Bidding period: 10:00 AM to 5:00 PM daily during issue period
  • Market lot: 1 share
  • Security symbol: ADANIENTCM
  • Registrar: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
  • Process aligned with Exchange notice no. 20210104-37 dated January 4, 2021 and SEBI circular dated December 8, 2020

Regulatory Changes

No new regulatory changes introduced. This circular implements existing framework under:

  • BSE Exchange notice no. 20210104-37 dated January 4, 2021
  • SEBI circular dated December 8, 2020 governing call money collection procedures

Compliance Requirements

For Shareholders:

  • Shareholders holding partly paid-up equity shares must pay Rs. 450 per share during the bidding period
  • Payment must be made between January 13-27, 2026

For Self-Certified Syndicate Banks (SCSBs):

  • Submit details of call money notices collected through the Call Money Module on IBBS platform
  • Accept and process call money payments from eligible shareholders

For Trading Members:

  • Trading Members with 3-in-1 type accounts must submit call money notice details through IBBS
  • Facilitate collection and submission process for their clients

For Intermediaries:

  • Note the activation of Call Money Module and assist in the process as applicable

Important Dates

  • Notice Date: January 5, 2026
  • Issue Opening Date: Tuesday, January 13, 2026
  • Issue Closing Date: Tuesday, January 27, 2026
  • Bidding Period: 10:00 AM to 5:00 PM daily during issue period
  • Total Issue Period: 15 days

Impact Assessment

Market Impact:

  • Affects 13.85 crore partly paid-up equity shares of Adani Enterprises Limited
  • Total call money amount: Approximately Rs. 6,232.58 crore (13,85,01,687 shares × Rs. 450)
  • Significant capital outflow expected from shareholders who subscribed to the rights issue

Shareholder Impact:

  • Shareholders must arrange Rs. 450 per partly paid share within the 15-day window
  • Failure to pay may result in forfeiture of shares as per company’s articles of association
  • High financial commitment required from investors who hold large quantities of partly paid shares

Operational Impact:

  • SCSBs and Trading Members must ensure IBBS platform access and functionality
  • Registrar (MUFG Intime India) will handle processing of call money payments
  • Market participants should contact specified BSE teams for technical, regulatory, or operational queries

Contact Information for Queries:

Impact Justification

High importance due to large number of shares (13.85 crore) and significant call amount (Rs. 450 per share) affecting Adani Enterprises shareholders who subscribed to partly paid shares. High impact on shareholders who must pay the call money within the specified period.