Friday 9 October 2026Search
Business

Adani Enterprises Plans to Generate Up to ₹1,000 Crore Through Public Offering of Non-Convertible Debentures (NCDs)

1 min read
On Wednesday (June 25), Adani Enterprises Limited announced that its management committee has approved the initiation of a public offering of non-convertible debentures (NCDs) with a base size of ₹500 crore, plus a green shoe option of an additional ₹500 crore, bringing the total potential issue size to ₹1,000 crore.

“…we would like to inform you that the management committee of the company at its meeting held on June 25, 2025, has, among other things, approved and adopted the draft prospectus (Draft Prospectus) for the public issuance of non-convertible debentures with a face value of ₹1,000 each, amounting up to ₹500 crore, with the option to retain over-subscription up to ₹500 crore, totaling ₹1,000 crore,” a filing with the stock exchange stated.

Adani Enterprises reported a net profit of ₹3,845 crore in the fourth quarter, compared to ₹450.58 crore in the same period the previous year. The profit increase was bolstered by a ₹3,286 crore gain from the sale of a stake in Wilmar.

When excluding the one-time gains from the Wilmar stake sale, the net profit stands at ₹1,313 crore. This strong performance was driven by the company’s incubator businesses – solar and wind manufacturing, as well as airports, which are anticipated to become significant value generators for the group.

EBITDA for these two sectors saw increases of 73% and 44%, respectively, during the quarter, resulting in a consolidated EBITDA rise of 19% to ₹4,346 crore for Q4. This growth from emerging infrastructure businesses helped offset the decline in trading, attributed to falling commodity prices, particularly coal prices and volumes, which were down 38% year-on-year.

Shares of Adani Enterprises Ltd closed at ₹2,530.90, up by ₹23.95, or 0.96%, on the BSE.