'Conversion of partly paid-up Rights Equity Shares into fully paid-up equity shares in relation to the rights…
As filed · Adani Enterprises Limited has informed the Exchange regarding 'Conversion of partly paid-up Rights Equity Shares into fully paid-up equity shares in relation to the rights issue by the Company, upon r
CapitalWatchNotablemateriality 72 out of 100
What happened
FactAdani Enterprises Limited has informed the Exchange regarding 'Conversion of partly paid-up Rights Equity Shares into fully paid-up equity shares in relation to the rights issue by the Company, upon receipt of the Call Monies, as applicable'. each, which were 75% paid-up (comprising ₹ 0.75 of the face value and. each, which were 50% paid-up (comprising ₹ 0.50 of the face value.
Why it matters
CapitSignal interpretationExisting holders can maintain their stake only by putting in more money; those who do not subscribe are diluted.
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Fact- Rights ratio and issue price
- Record date and subscription window
- Promoter intention to subscribe
Evidence
How CapitSignal classified this
- Reasoning:
- RIGHTS_ISSUE base 64; +5 quantified amount; +3 quantified percentage; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%