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 launched its third public issue of secured, rated, listed redeemable Non-Convertible Debentures (NCDs), aiming to raise ₹1,000 crores with competitive yields ranging from 8.48% to 8.90% per annum. The issue opens on January 6 and closes on January 19, marking another significant 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.

Comprehensive NCD Structure and Investment Options

The NCDs offer investors eight series across three maturity periods with flexible interest payment options, catering to diverse investor preferences. Each NCD carries a face value of ₹1,000 with a minimum application requirement of 10 NCDs, making the minimum investment ₹10,000. The bonds are available in tenors of 24 months, 36 months and 60 months with quarterly, annual and cumulative interest payment options.

Strong Credit Ratings and Market Track Record

The proposed NCDs have secured strong investment grade credit ratings of 'CARE AA- Stable' from CARE Ratings Limited and 'AA- (Stable)' from ICRA Limited, indicating a high degree of safety in servicing financial obligations with very low credit risk. The issue carries a security cover of 1.10 times, providing additional protection for investors. The company's previous NCD issuance demonstrates exceptional market confidence, with the second ₹1,000 crore NCD issue being fully subscribed within three hours on the first day.

Strategic Fund Utilization and Corporate Growth

Proceeds from the issue are expected to be used for refinancing existing debt and general corporate purposes, as disclosed in the offer document. This aligns with the company's broader financing strategy, as Adani Enterprises has been actively strengthening its capital structure. The promoters infused ₹7,878 crore through unsecured loans to fund capital expenditure in airports, roads, and Australian mining operations, with outstanding promoter loans standing at ₹22,967 crore as of September 30.

Market Position and Future Outlook

Adani Enterprises 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. The company has also announced a ₹24,930 crore rights issue, which will be received by March 2026, largely earmarked for repaying promoter loans with the remainder allocated for growth capital. This comprehensive capital raising strategy positions the company to capitalize on India's infrastructure development opportunities while maintaining financial discipline.