Adani Enterprises Limited has issued a corrigendum to its first call notice on partly paid-up equity shares, announcing revised payment dates for the first call money in connection with its ongoing rights issue. The company published newspaper advertisements on January 2, 2026, to inform stakeholders about the updated payment schedule.

Updated Payment Schedule

The corrigendum specifically addresses the first call payment period for eligible shareholders holding partly paid-up equity shares with ISIN IN9423A01030. The company has announced revised dates for the payment window to ensure adequate time for shareholders to complete their obligations.

Regulatory Compliance and Communication

The company filed the intimation with stock exchanges under Regulation 30 compliance requirements. The communication was addressed to both BSE Limited and National Stock Exchange of India Limited, ensuring proper regulatory disclosure of the payment period modifications.

Newspaper Publication Coverage

Adani Enterprises published the corrigendum advertisements across multiple newspapers to ensure wide circulation and stakeholder awareness. The publications were strategically selected to cover different language segments and geographical regions, appearing in Financial Express (English national daily), Jansatta (Hindi national daily), and Jai Hind (Gujarati language daily in Ahmedabad editions).

Registrar Information

All correspondence regarding the first call payment should be addressed to MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the registrar to the issue. The registrar is located at C-101, Embassy 247, 1st Floor, L.B.S Marg, Vikhroli (West), Mumbai - 400 083, with contact person Shanti Gopalakrishnan and SEBI Registration No. INR000004058.

The corrigendum ensures all eligible shareholders receive accurate and updated information regarding their payment obligations and rights in the ongoing rights issue process.

Adani Enterprises has officially announced the launch of its third public issue of secured, rated, listed redeemable Non-Convertible Debentures (NCDs) on Friday, January 2, aiming to raise ₹1,000 crores with yields of up to 8.90% per annum. The issue opens on Tuesday, January 6, 2026, and closes on Monday, January 19, 2026, marking another milestone for the flagship company of the Adani Group. The company has structured this offering with a base size of ₹500 crores and a greenshoe option of up to ₹500 crores, providing flexibility based on market response.

Strong Market Track Record and Investor Appeal

The company's previous NCD issuance demonstrates exceptional market confidence, with the second ₹1,000 crore NCD issue launched in July being fully subscribed within three hours on the first day. This remarkable response underscores investor trust in Adani Enterprises' financial discipline and growth strategy. The company stands among the few private corporates outside NBFCs offering listed debt products for retail investors, providing an opportunity for individual and non-institutional investors to participate in India's infrastructure growth story.

Management Vision and Strategic Focus

Group CFO Jugeshinder 'Robbie' Singh emphasized the strategic importance of this issuance, stating, "This third NCD issuance marks another step in our journey to broaden access to India's capital markets and give retail investors a stake in long-term infrastructure growth. The strong response to our previous offerings reinforces trust in our strategy and financial discipline, and we aim to build on that momentum." Singh highlighted the company's role as the incubator for India's next wave of infrastructure, spanning airports, roads, data centres, and green hydrogen projects, all focused on powering India's economic transformation.

Comprehensive NCD Structure and Investment Parameters

The NCDs offer investors eight series across three maturity periods with flexible interest payment options, catering to diverse investor preferences from quarterly distributions to cumulative payments. Each NCD carries a face value of ₹1,000 with a minimum application requirement of 10 NCDs, making the minimum investment ₹10,000. The issue provides an option for early closure or extension based on market conditions.

Credit Ratings and Fund Utilization Strategy

The NCDs have secured strong credit ratings of 'CARE AA- Stable' from CARE Ratings Limited and 'ICRA AA- (Stable)' from ICRA Limited, indicating a high degree of safety in servicing financial obligations with very low credit risk. At least 75% of the proceeds from the issuance will be utilized for repayment or prepayment of existing indebtedness, including interest obligations, with up to 25% allocated for general corporate purposes.