Adani Enterprises Converts 4.8 Lakh Rights Shares to Fully Paid

Adani Enterprises Ltd announced the conversion of 4,81,079 partly paid-up Rights Equity Shares into fully paid-up equity shares. This action follows the receipt of pending call monies related to the company's Rights Issue. The conversion includes 2,38,606 shares that were 75% paid-up and 2,42,473 shares that were 50% paid-up. The face value of each equity share is ₹1. This move signifies the completion of payment obligations for these specific shares from the Rights Issue.