Adani Enterprises Clears Draft Prospectus for ₹1,000 Crore NCD Public Issue

Mumbai, June 26: Adani Enterprises Limited (NSE: ADANIENT | BSE: 512599), the flagship entity of the Adani Group, has advanced its fundraising strategy by approving the draft prospectus for a public issue of non-convertible debentures (NCDs), aiming to raise up to ₹1,000 crore. This follows the earlier board approval granted on October 29, 2024, which had permitted a total issuance of up to ₹2,000 crore in NCDs.

Fundraising Structure and Regulatory Compliance

The public issuance is structured with a base issue size of ₹500 crore, along with an option to retain oversubscription up to an additional ₹500 crore through a Green Shoe option, bringing the total fundraising potential to ₹1,000 crore. Each NCD will have a face value of ₹1,000. This current approval aligns with the board’s earlier decision on October 29, 2024, which had permitted a total NCD issuance of up to ₹2,000 crore, indicating this new public issue is part of a larger, ongoing capital-raising plan.

The draft prospectus, dated June 25, 2025, has been formally filed with both BSE Limited and the National Stock Exchange of India Limited. A copy has also been submitted to the Securities and Exchange Board of India (SEBI) to ensure full compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Details of the NCD Public Issue

Next Steps for Adani Enterprises

The draft prospectus, dated June 25, 2025, has been formally filed with both BSE Limited and the National Stock Exchange of India Limited. Additionally, a copy has been submitted to the Securities and Exchange Board of India (SEBI) to ensure full compliance with the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Adani Group recently announced an ambitious capital expenditure plan of $15-20 billion annually for the next five years across its various businesses, emphasising its robust financial position and commitment to India’s infrastructure development. This NCD public issue is a part of this broader strategy to secure the necessary funding for these large-scale projects and continue its trajectory of incubating and scaling vital infrastructure assets.

Current Share Price

The shares of Adani Enterprises Limited closed 0.86% or ₹21.60 higher at ₹2.527.20 on June 25th. They made an intraday high of ₹2,541.60 and a low of ₹2,512.10 during the market session. It remains to be seen at what price the shares open at today’s market session.

About Adani Enterprises

Adani Enterprises Limited, the flagship entity of the Adani Group, is listed on both NSE and BSE. The company acts as an incubator for new businesses in infrastructure, including airports, data centres, green hydrogen, roads, and mining. Its strategic expansions are typically funded through diversified instruments such as equity, long-term debt, and now public market debentures.

REF: https://nsearchives.nseindia.com/corporate/nishant_joshi_adani_com_25062025214608_AELIntimationforDraftprospectus25062025.pdf

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