Adani Enterprises has set its rights issue price at ₹1,800 per share. This represents a 24% discount to its current stock price. The company plans to raise ₹24,930 crore through this issue. Shareholders as of November 14 will be eligible to subscribe. They will receive three rights shares for every 25 shares held.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets