Quarterly Result3 Feb 2026, 03:11 pm
Adani Enterprises Limited: Monitoring Agency Report for Q3 FY26 with Rs. 24,930.30 Crore Rights Issue Proceeds Utilization
AI Summary
Adani Enterprises Limited (AEL) has received and utilized a significant portion of the Rs. 24,930.30 crore raised through its rights issue. As of Q3 FY26, AEL has utilized Rs. 8,097.56 crore for the proposed objects as disclosed in the offer document. The company has obtained all necessary government and statutory approvals, and there are no material deviations or changes in the means of finance for the objects of the issue. AEL has repaid or prepaid certain outstanding borrowings and perpetual debt instruments, including interest accrued, for two of its entities.
Key Highlights
- AEL has received and utilized a significant portion of the Rs. 24,930.30 crore rights issue proceeds.
- As of Q3 FY26, AEL has utilized Rs. 8,097.56 crore for the proposed objects as disclosed in the offer document.
- AEL has obtained all necessary government and statutory approvals for the utilization of funds.
- There are no material deviations or changes in the means of finance for the objects of the issue.
- AEL has repaid or prepaid certain outstanding borrowings and perpetual debt instruments, including interest accrued, for two of its entities.