Adani Enterprises' Rs 25,000 cr rights issue gets strong response with 108% subscription

Adani Enterprises Rs 25,000 crore rights issue closed with strong demand, ending at 108% subscription. The public portion was even stronger at 130% subscribed. Priced at Rs 1,800 per share, the issue will help the company reduce debt and fund capex across airports, data centres, green hydrogen and other growth businesses.