Adani Enterprises Limited has announced the closure of its Qualified Institutional Placement (QIP) issue. The QIP Committee of the board of directors, in a meeting held on July 7, 2026, approved the closure of the issue today, July 7, 2026, following the receipt of application forms and funds from eligible qualified institutional buyers. The committee determined and approved the allocation of 5,20,29,136 equity shares of face value ₹1 each. The issue price was set at ₹2,883.00 per equity share, which includes a premium of ₹2,882.00 per share. This price reflects a discount of 5.00% (₹151.68 per share) to the floor price of ₹3,034.68 per share, as determined in accordance with SEBI ICDR Regulations. The company also approved and adopted the placement document dated July 7, 2026, and finalized the confirmation of allocation notes to be sent to the eligible qualified institutional buyers. The placement document will be filed with BSE Limited and the National Stock Exchange of India Limited, and is also available on the company's website. The QIP Committee meeting commenced at 10:00 p.m. and concluded at 10:30 p.m.
