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New Delhi: In a major development the Rs 25000-crore rights offer of Adani Groups flagship company Adani Enterprises—India’s third-largest industrial conglomerate—will open on November 25 and close on December 10. The companys board had approved this rights offer on November 11. It is important to note that the price for the rights share has been fixed at Rs 1800 per share which is 25 percent lower than the stock’s closing price on that day. Here are some of the important details: On Friday the company’s stock closed 1.29 percent higher at Rs 2516.85. The company stated that shareholders will not have to pay the entire amount—₹1800 per share—at once. The company can pay in three installments. At the time of application shareholders must pay Rs 900. The remaining two installments referred to in market terms as the first call and second call will require payments of Rs 450 each. The first call period is expected to be from January 12 to January 27 2026. What is a rights issue? As per the reports the Adani Enterprises has planned a capex of Rs 36000 crore for financial year 2026. Out of this Rs 16300 crore has been spent in the first half. This includes Rs 10500 crore on the airport business Rs 6000 crore on roads Rs 9000 crore on petrochemicals and materials Rs 3500 crore on metals and mining and Rs 5500 crore on Adani New Industries.