Adani Enterprises Limited has announced the conversion of over 13.77 crore partly paid-up equity shares from 50% to 75% paid-up status following the receipt of first call money as part of its ongoing rights issue process.

Rights Issue Committee Approves Share Conversion

The Rights Issue Committee of the Board of Directors approved the conversion at its meeting held on February 2, 2026. This decision came after the company received the first call money on the rights equity shares from eligible shareholders.

The conversion details are presented below:

Rights Issue Process Continuation

This conversion represents a significant milestone in the company's rights issue process. The company had previously communicated with stock exchanges through letters dated December 17, 2025, December 27, 2025, and January 2, 2026, regarding the first call on partly paid-up equity shares.

The converted shares now bear the ISIN IN9423A01048, providing them with a distinct identification for trading and settlement purposes. The premium component has increased from ₹ 899.50 to ₹ 1,349.25, reflecting the additional call money received from shareholders.

Regulatory Communication

Adani Enterprises has formally notified both BSE Limited and the National Stock Exchange of India Limited about this conversion through an official communication dated February 4, 2026. The company trades under scrip code 512599 on BSE and ADANIENT on NSE.

Company Secretary and Joint President (Legal) Jatin Jalundhwala signed the official communication, requesting the stock exchanges to take this information on record. The formal letter was addressed to both exchanges from the company's registered office at Adani Corporate House, Shantigram, Ahmedabad. This conversion demonstrates the company's systematic approach to managing its rights issue process and maintaining transparency with regulatory authorities and shareholders.

Adani Enterprises has announced its Q3FY26 quarterly results for the quarter ended December 31, 2025, under Regulation 33 of SEBI Listing Regulations, showcasing exceptional financial performance driven by strategic divestments and operational excellence. The diversified conglomerate delivered remarkable growth with net profit surging 90 times year-on-year, primarily attributed to exceptional gains from the complete divestment of AWL Agri Business Limited.

Outstanding Financial Performance

The company's consolidated financial results for Q3FY26 demonstrated extraordinary growth across key metrics:

The exceptional profit growth was primarily driven by an exceptional gain of ₹56.32 billion from the complete divestment of AWL Agri Business Limited, while underlying business operations showed consistent improvement with EBITDA growth outpacing revenue expansion.

Nine-Month Performance Overview

For the nine months ended December 31, 2025, the company maintained strong momentum despite some revenue normalization:

Strategic Divestment and Capital Allocation

The quarter was marked by the completion of Adani Commodities LLP's strategic exit from AWL Agri Business Limited. ACLLP sold its entire remaining 20% stake - 13% to Lence Pte Limited under a share purchase agreement and 7% in the market. This transaction generated ₹56.32 billion in exceptional gains and resulted in AWL ceasing to be an associate of the company.

Capital Market Initiatives

Adani Enterprises successfully completed major capital market activities during the period:

Operational Milestones

The company achieved several significant operational developments strengthening its infrastructure portfolio:

Segment Performance Highlights

The company's diversified business segments showed mixed performance with airports leading growth:

The airports business demonstrated strong momentum with revenue growth of 28% and EBITDA expansion of 42% in Q3FY26, benefiting from increased passenger traffic and the commencement of Navi Mumbai Airport operations.

Investor Call Audio Recording Submission

Following the announcement of Q3FY26 results, the company has submitted the audio recording of the analysts/investors call to both BSE and NSE under Regulation 30 compliance. The call was held on February 3, 2026, providing detailed insights into the quarterly performance and strategic outlook.

The audio recording is accessible through the company's official website at adanienterprises.com under the investor downloads section for results conference call transcripts. This submission ensures transparency and provides stakeholders with comprehensive access to management commentary on the quarterly performance.

Leadership Commentary

Chairman Gautam Adani emphasized the company's robust operating performance and the strength of its incubator model, positioning the organization well for India's journey toward becoming a $5 trillion economy. He highlighted the commencement of operations at the Navi Mumbai International Airport as a landmark achievement, reinforcing the company's commitment to building nationally critical assets at scale and speed.

Regulatory Compliance and Governance

The Board of Directors approved the unaudited financial results at their meeting held on February 3, 2026. The results have been prepared in accordance with Indian Accounting Standards and reviewed by the statutory auditors Shah Dhandharia & Co LLP. The company has maintained security cover exceeding 110% on its listed non-convertible debentures and complied with all financial covenants. The audio recording submission demonstrates the company's commitment to transparency and regulatory compliance in investor communications.