Geecee Ventures Completes Rs 1.39 Crores Payment for Adani Enterprises Equity Shares

2 min read     Updated on 27 Jan 2026, 07:47 PM
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Overview

Geecee Ventures Limited completed payment of Rs 1.39 crores on January 27, 2026, towards the first call notice for 30,912 partly paid-up equity shares of Adani Enterprises Limited at Rs 450 per share. The total investment cost is approximately Rs 5.56 crores, with the company having already paid Rs 2.78 crores during application. This acquisition forms part of the company's investment portfolio activities and requires regulatory disclosure as it exceeds SEBI threshold limits.

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*this image is generated using AI for illustrative purposes only.

Geecee Ventures Limited has completed a significant payment towards its equity investment in Adani Enterprises Limited, marking another milestone in the company's acquisition process. The payment of Rs 1.39 crores was completed on January 27, 2026 at 01:00 p.m., representing the first call notice payment for partly paid-up equity shares.

Investment Details and Payment Structure

The company's investment in Adani Enterprises Limited follows a structured payment approach typical of partly paid-up equity shares. Geecee Ventures had initially applied for 34,000 partly paid-up equity shares, with the Rights Issue Committee of AEL approving the allotment of 30,912 shares.

Payment Component: Amount Details
Share Price: Rs 1800 per share Total price for each equity share
Application Payment: Rs 2.78 crores Rs 900 per share already paid
First Call Payment: Rs 1.39 crores Rs 450 per share paid on January 27, 2026
Total Investment Cost: Rs 5.56 crores Approximate total acquisition cost

Target Company Profile

Adani Enterprises Limited, incorporated on March 02, 1993, serves as the flagship company of the Adani Portfolio. The company operates in the trading-minerals sector and has established a presence across multiple countries including India, Australia, Indonesia, Singapore, the Middle East and parts of Southeast Asia.

Financial Parameter: Amount (Rs Crores)
Authorised Capital: 490.42
Paid Up Capital: 129.26
Turnover (FY 2024-25): 26,708.97
Profit After Tax (FY 2024-25): 6,053.19

Historical Performance

Adani Enterprises Limited has demonstrated varying revenue performance over the past three years:

Financial Year: Turnover (Rs Crores)
2024-2025: 26,708.97
2023-2024: 32,012.03
2022-2023: 57,886.45

Investment Rationale and Impact

The acquisition represents part of Geecee Ventures' investment activity, with the company describing this investment as a miniscule part of its investment portfolio. The total cost of investment in equity shares of AEL exceeds the threshold specified in Regulation 30(4)(i)(c) of SEBI (LODR) Regulations 2015, necessitating the regulatory disclosure.

Regulatory Compliance

The transaction does not fall within related party transactions, and no governmental or regulatory approvals are required for the acquisition. The acquisition will be completed upon payment of all outstanding call monies, with the consideration being made entirely in cash. The company has fulfilled its disclosure obligations under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Historical Stock Returns for GeeCee Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+0.36%-4.72%-12.34%-30.73%-31.73%+157.30%

GeeCee Ventures Receives Allotment of 30,912 Adani Enterprises Shares Worth ₹2.78 Cr

2 min read     Updated on 12 Dec 2025, 06:19 PM
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Reviewed by
Riya DScanX News Team
Overview

GeeCee Ventures Limited has been allotted 30,912 partly paid-up equity shares of Adani Enterprises Limited through a rights issue at ₹1,800 per share, with a total acquisition cost of ₹2.78 crores. The allotment was approved on December 11, 2025, against the company's original application for 34,000 shares submitted on December 10, 2025.

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*this image is generated using AI for illustrative purposes only.

GeeCee Ventures Limited has received confirmation of share allotment in Adani Enterprises Limited through a rights issue, marking the completion of its strategic investment application. The company was allotted 30,912 partly paid-up equity shares at ₹1,800 per share, with a total acquisition cost of approximately ₹2.78 crores.

Allotment Confirmation Details

Following GeeCee Ventures' application submitted on December 10, 2025, the Rights Issue Committee of Adani Enterprises Limited approved the allotment on December 11, 2025, at 9:28 p.m. The company was formally notified of this allotment on December 12, 2025, at 10:30 a.m.

Investment Parameter: Details
Shares Applied For: 34,000 partly paid-up equity shares
Shares Allotted: 30,912 partly paid-up equity shares
Share Price: ₹1,800 per share
Application Money Paid: ₹900 per share
Total Acquisition Cost: ₹2.78 crores (approximately)
Transaction Type: Rights Issue

Payment Structure and Completion

The investment follows a structured payment approach as defined in Adani Enterprises' Letter of Offer. GeeCee Ventures has paid ₹900 per share as application money, with the balance amount payable through two or more separate calls to be made by AEL. The acquisition will be completed upon payment of all call monies through cash consideration.

Payment Details: Amount
Application Money: ₹900 per share
Remaining Payment: To be paid on future calls
Payment Method: Cash consideration
Completion Timeline: Upon payment of all call monies

About Adani Enterprises Limited

Adani Enterprises Limited serves as the flagship company of the Adani Portfolio, focusing on establishing diverse new businesses vital to the nation's resilient growth. The company has demonstrated significant business operations with a strong financial foundation.

Financial Metrics: Amount (₹ Crores)
Authorised Capital: 490.42
Paid-Up Capital: 115.42
Turnover (FY 2024-25): 26,708.97
Profit After Tax (FY 2024-25): 6,053.19

Historical Performance and Global Presence

Adani Enterprises has maintained substantial business scale over the past three years, operating in the trading-minerals sector. The company's turnover history reflects its significant market presence:

Financial Year: Turnover (₹ Crores)
2024-25: 26,708.97
2023-24: 32,012.03
2022-23: 57,886.45

Incorporated on March 2, 1993, AEL maintains a global presence across India, Australia, Indonesia, Singapore, the Middle East, and parts of Southeast Asia. The company has established a track record of incubating assets critical to India's growth and development.

Investment Rationale and Compliance

GeeCee Ventures has characterized this investment as part of its investment activity, describing it as a miniscule part of its investment portfolio. However, the total cost of investment in AEL equity shares exceeds the threshold specified in Regulation 30(4)(i)(c) of SEBI (LODR) Regulations 2015, necessitating regulatory disclosure. The acquisition does not fall within related party transactions and requires no governmental or regulatory approvals.

Historical Stock Returns for GeeCee Ventures

1 Day5 Days1 Month6 Months1 Year5 Years
+0.36%-4.72%-12.34%-30.73%-31.73%+157.30%

More News on GeeCee Ventures

1 Year Returns:-31.73%