Description

NSE announces listing of 138,501,687 partly paid-up equity shares of Adani Enterprises Limited allotted on rights basis, effective December 16, 2025.

Summary

National Stock Exchange of India has approved the listing of 138,501,687 partly paid-up equity shares of Adani Enterprises Limited allotted on rights basis. The shares will be admitted to dealings on the Capital Market segment with effect from December 16, 2025. These are Re. 1 face value shares with Rs. 0.50 paid-up value, issued at Rs. 1800 per share (Rs. 900 paid on application). The shares will trade under symbol ADANIENPP with series E1.

Key Points

  • 138,501,687 partly paid-up equity shares to be listed
  • Face value: Re. 1 per share
  • Paid-up value: Rs. 0.50 per share
  • Issue price: Rs. 1800 (Rs. 900 paid on application)
  • Trading symbol: ADANIENPP
  • ISIN: IN9423A01030
  • Date of allotment: December 11, 2025
  • Market lot: 1 share
  • Pari passu: Yes
  • No lock-in applicable
  • Distinctive number range: 1 to 138,501,687

Regulatory Changes

No regulatory changes introduced. This circular is issued in pursuance of existing Regulation 3.1.1 and Regulation 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A.

Compliance Requirements

  • Members must use designated security codes (ADANIENPP) for trading purposes
  • Trading must be conducted in specified lot size of 1 share
  • Shares currently credited under temporary ISIN (IN8*********) in dematerialized mode as per SEBI circulars CIR/MRD/DP/21/2012 dated August 02, 2012 and CIR/MRD/DP/24/2012 dated September 11, 2012
  • Members to note the permanent ISIN IN9423A01030 for these securities

Important Dates

  • Date of allotment: December 11, 2025
  • Listing effective date: December 16, 2025
  • Circular effective date: December 16, 2025
  • Circular issue date: December 12, 2025

Impact Assessment

This listing represents a significant capital raising exercise by Adani Enterprises Limited through rights issue mechanism. The partly paid-up nature indicates a staged payment structure where shareholders have paid 50% of the face value (Rs. 0.50 out of Re. 1) and Rs. 900 on application against the issue price of Rs. 1800. The large number of shares (138.5 million) indicates substantial participation in the rights issue. Trading will occur under a separate symbol (ADANIENPP) to distinguish these partly paid shares from fully paid equity shares. Investors should note the pari passu status, meaning these shares will rank equally with existing equity shares upon full payment. No lock-in restrictions apply, providing immediate liquidity to rights issue subscribers.

Impact Justification

Routine rights issue listing for a major company with significant number of shares, but limited to existing shareholders through rights mechanism