What was filed
Adani Enterprises told the exchanges that its QIP Committee, meeting on 2 July 2026, opened a qualified institutions placement of equity shares. At the same meeting the committee approved the floor price and adopted the preliminary placement document, which has been filed with BSE and NSE and posted on the company's website. The issue rests on board approval from 30 April 2026 and a special resolution passed by shareholders on 24 June 2026.
Pricing and terms
The filing sets the 'Relevant Date' as 2 July 2026 and states the floor price was derived under the SEBI ICDR pricing formula. Under Regulation 176(1), the company may offer a discount on that floor at its discretion. The final issue price will be set by the company in consultation with the book running lead managers — SBI Capital Markets, Jefferies India, ICICI Securities and IIFL Capital Services. The filing does not disclose the issue size or the number of shares to be placed.
What the filing leaves open
This is an opening intimation, not the completed transaction. The amount to be raised, the final price and the eventual dilution are not stated; those depend on demand and the price set with the lead managers. The equity shares are not registered under the U.S. Securities Act and are not being offered publicly in the United States, per the filing.