Adani Enterprises share price (NSE: ADANIENT) dropped around 3% on November 17 as the stock began trading ex-rights. The company is launching a major ₹24,930 crore rights issue, and today is the record date to determine which shareholders are eligible.

Why the Share Price Dropped

The rights issue price has been set at ₹1,800 per share, which is:

• 24% lower than the previous day’s closing price
• 28% lower than last Friday’s closing

Because the stock now trades without rights benefits for buyers, the price naturally adjusted downward.

Who Is Eligible?

Only shareholders who held Adani Enterprises shares as of Friday’s, November 14, 2025 closing qualify for the rights issue. Anyone buying shares today or later will not be eligible.

Read more: Infosys Buyback: How Much Tax Will You Pay on The Buyback Amount?

Rights Issue Details

• Total shares to be issued: 13.85 crore partly paid-up equity shares
• Face value: ₹1 each
• Rights ratio: 3 rights shares for every 25 shares held
• Issue price: ₹1,800 per share (discounted to encourage participation)

Companies often offer rights at a discount to raise funds without increasing debt.

Renunciation Window

Shareholders who don’t want to apply for rights shares can sell their rights in the market and earn proceeds.

• Last date for on-market renunciation: December 5, 2025

Important Dates

• Rights issue opens: November 25, 2025
• Rights issue closes: December 10, 2025
• Allotment date: December 11, 2025
• Credit of shares: December 12, 2025
• Trading begins for rights shares: December 16, 2025

On Friday, before the adjustment, Adani Enterprises closed 1.4% higher at ₹2,524.1.

Conclusion

Adani Enterprises’ share price dip is a natural market reaction to the rights issue adjustment. With a heavily discounted issue price of ₹1,800, the company aims to raise substantial capital while giving existing shareholders an attractive opportunity. Investors who qualified now need to decide whether to subscribe or sell their rights before the renunciation deadline.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.