Adani Enterprises sets rights issue at Rs 1,800 a share

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.