AEL: No deviation in ₹24,852 Cr Rights Issue fund use for Q4 FY26

Adani Enterprises Ltd confirmed no deviation or variation in the utilization of proceeds from its Rights Issue for the quarter ended March 31, 2026. The company raised INR 24,852.32 Crores through the Rights Issue, with funds received across application money (December 2025), first call (February 2026), and second call (March 2026). The primary objectives for fund utilization included repayment/pre-payment of certain outstanding borrowings and perpetual debt instruments, general corporate purposes, and issue expenses. The statement, reviewed by the Audit Committee, affirmed that the funds were utilized in accordance with the objects stated in the Letter of Offer dated November 12, 2025. Both the Audit Committee and auditors reported no comments on the deviation report.