Adani Enterprises closes QIP, allots 5.2 crore shares at ₹2,883 apiece

Adani Enterprises Limited told the exchanges that the QIP committee of its board met on 7 July 2026 and approved the closure of its qualified institutional placement of equity shares (face value ₹1 each), issued under Chapter VI of the SEBI ICDR Regulations and Sections 42 and 62(1)(c) of the Companies Act, 2013. The committee confirmed receipt of application forms and funds in the escrow account from eligible qualified institutional buyers, and adopted the placement document dated the same day.

The committee determined the allocation at an issue price that reflects a 5% discount to the floor price set under the formula in Regulation 176(1) of the SEBI ICDR Regulations. The number of shares, issue price, floor price and discount are set out in the key figures below. The company said it will file the placement document with BSE and NSE, and has made it available on its investor website.

A QIP raises fresh equity capital from institutional investors, which expands the company's share count. For existing shareholders, the newly allotted shares add to the total outstanding. The filing records only the closure and pricing of the issue; it does not state the total amount raised or the intended use of proceeds, which would be detailed in the placement document referenced but not reproduced here.