Adani Enterprises to raise ₹25,000 crore via rights issue; shares settle nearly 3% lower

Adani Enterprises, in a stock exchange filing, said its board has "approved the issuance of partly paid-up equity shares of the company of face value of ₹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."

The fundraising was announced along with the company's financial results for the September 2025 quarter (Q2 FY26).

Shares of the company, after the results announcement, settled 2.72% lower at ₹2,399.90 apiece on the NSE.

In its press release, the company said, "AEL has validated its core strength of timely execution of large-scale projects during the quarter. The inauguration of the greenfield Navi Mumbai airport and the completion of its 7th road project reflect AEL’s fundamental focus on incubation at scale and execution."

Each of these new milestones strengthens the company's diversified model and reaffirms its commitment to delivering infrastructure of national importance.

The emerging core infra businesses have recorded half-yearly EBITDA of ₹5,470 crore with an increase of 5% on a year-on-year basis and now contribute 71% to total EBITDA, the press release added.

Consolidated financial highlights H1 FY26 (YoY)

• Revenue at ₹44,281 crore

• EBITDA at ₹7,688 crore

• PBT at ₹2,281 crore, excluding exceptional gain of ₹3,583 crore

• AAHL Airports EBITDA increased by 51% YoY to ₹2,157 crore, with the airports business now tracking at a quarterly run rate of ₹1,000+ crore.

What Gautam Adani said on quarterly numbers

Gautam Adani, Chairman of the Adani Group, said, “With disciplined execution and strategic diversification, Adani Enterprises Ltd continues to strengthen its position as India’s leading incubator of transformative infrastructure and energy businesses."

Adani added, “The inauguration of the Navi Mumbai International Airport marks a defining moment in India’s infrastructure story and reinforces AEL’s role as a national growth catalyst. Our strong performance across airports, data centres, and roads underscores the momentum of our core infrastructure portfolio."

"With partnerships such as the one with Google for India’s largest AI data centre and rapid progress in our green energy ecosystem, AEL is accelerating India’s transition toward a sustainable, technology-driven future," Adani said.

The chairman added that the company remains committed to building globally competitive businesses that create enduring value for its stakeholders and strengthen the foundation of a self-reliant India.

About Adani Enterprises Ltd

Adani Enterprises Limited (AEL) is the flagship company of Adani Group. It is one of India’s largest business organisations. Over the years, Adani Enterprises has focused on building emerging infrastructure businesses, contributing to nation-building, and divesting them into separate listed entities.

Having successfully built sizeable and scalable businesses such as Adani Ports & SEZ, Adani Energy Solutions, Adani Power, Adani Green Energy, Adani Total Gas, and Adani Wilmar, the company has contributed to making India self-reliant with its robust businesses.