Adani Enterprises will raise ₹25,000 crore via rights issue priced at ₹1,800 per share, which is over 25% lower than the prevailing market price. The offer will open for existing shareholders on November 17. The rights issue marks Adani Enterprises’ biggest equity-raising since it withdrew its fully subscribed ₹20,000 crore follow-on public offer after the Hindenburg crisis in early 2023.