Adani Enterprises has made significant strides in two separate business matters.

Firstly, creditors have shown unanimous support for an offer made by Adani Enterprises to debt-ridden Jaiprakash Associates. This development marks a crucial step in the ongoing financial restructuring of Jaiprakash Associates.

Key Points of the Jaiprakash Associates Agreement

Implications of the Decision

The unanimous vote by creditors in favor of Adani Enterprises' offer signifies a strong vote of confidence in the proposal. This level of agreement among creditors is noteworthy and could potentially expedite the restructuring process for Jaiprakash Associates.

What This Means for Stakeholders

1. For Jaiprakash Associates: This development could potentially provide a path forward in addressing its debt issues and improving its financial health.

2. For Adani Enterprises: The unanimous creditor approval strengthens Adani's position in the potential acquisition or restructuring deal with Jaiprakash Associates.

3. For Creditors: The unified decision suggests that creditors see value in Adani Enterprises' offer, possibly viewing it as the best available option for recovering their investments.

While the specific details of Adani Enterprises' offer remain undisclosed, the unanimous creditor approval indicates that the terms are likely favorable compared to other available options.

It's important to note that this approval is a significant step, but it may not be the final one in the process. Further regulatory approvals or additional steps might be necessary to complete any potential deal or restructuring plan.

Termination of AWL Shareholders Agreement

In a separate development, Adani Enterprises and its subsidiary Adani Commodities LLP (ACL) have executed a termination agreement, ending their shareholders agreement with Lence Pte Ltd regarding AWL Agri Business Limited. As part of this transaction:

• ACL sold 168,958,219 equity shares (13%) of AWL to Lence through an off-market transaction.
• Following the transaction, ACL's shareholding in AWL reduced to 7%.
• Lence now holds 56.94% of AWL.
• As a result of these changes, AWL has ceased to be an associate of Adani Enterprises.

These developments demonstrate Adani Enterprises' active management of its business portfolio and strategic interests. As both situations continue to evolve, stakeholders will be keenly watching for more details about the Jaiprakash Associates offer and the implications of the AWL shareholding changes on Adani Enterprises' future strategies.

Adani Enterprises Limited , through its subsidiary Navi Mumbai International Airport Private Limited (NMIAL), has announced that India's newest greenfield airport, the Navi Mumbai International Airport (NMIA), will commence commercial operations on December 25, 2025. This strategic launch aims to address the growing aviation needs of the Mumbai Metropolitan Region (MMR).

Phased Operational Rollout

The airport's operations will be introduced in carefully planned phases:

Initial Phase (December 25, 2025 - January 31, 2026)

• 12-hour operations (8:00 AM to 8:00 PM)
• 23 scheduled daily departures
• Up to 10 flight movements per hour

Expanded Phase (From February 2026)

• 24-hour operations
• Increased to 34 daily departures

Inaugural Flights and Airlines

The first flight to arrive at NMIA will be IndiGo 6E460 from Bengaluru, scheduled to land at 8:00 AM on the opening day. The first departure, IndiGo 6E882 to Hyderabad, is set for 8:40 AM. Initially, three airlines will operate from NMIA:

1. IndiGo
2. Air India Express
3. Akasa Air

These carriers will connect Mumbai to 16 major domestic destinations.

Capacity and Infrastructure

In its initial phase, NMIA is designed to handle:

• 20 million passengers annually
• 0.50 million metric tonnes of cargo per year

The airport, spanning 1,160 hectares (2,866 acres), is projected to handle up to 90 million passengers per annum upon full completion.

Operational Readiness

To ensure a smooth launch, NMIA is conducting comprehensive Operational Readiness and Airport Transfer (ORAT) trials in collaboration with stakeholders, including security agencies and airline partners. The Central Industrial Security Force (CISF) was formally inducted at NMIA on October 29, 2025, strengthening the airport's security preparedness.

Strategic Importance

The launch of NMIA is a significant step in expanding India's aviation infrastructure. It is expected to alleviate pressure on the existing Mumbai airport and cater to the increasing air traffic demands of Western India. The airport's design incorporates sustainable and eco-friendly infrastructure, aligning with modern environmental standards.

As NMIA prepares to welcome its first passengers on Christmas Day, it marks a new chapter in India's aviation history, promising enhanced connectivity and economic growth for the region.

Adani Enterprises' Investor Relations

In related news, Adani Enterprises Limited has announced upcoming investor interactions:

• Adani Annual Conference 2025 in Singapore on November 24-25, 2025
• Trust's India Debt Capital Market Summit 2025 in Mumbai on November 28, 2025

These events underscore the company's commitment to engaging with investors and analysts, maintaining transparency in its operations and future plans.