Adani Enterprises Issues Final Reminder Notices for Rights Issue Call Money Payment Due by June 10, 2026

Adani Enterprises Limited has issued final Reminder Notices to holders of partly paid-up equity shares who have not yet remitted the First Call and/or Second and Final Call money under its rights issue. The Rights Issue Committee of the Board of Directors, at its meeting held on Wednesday, May 13, 2026 — which commenced at 5:00 PM and concluded at 5:25 PM — approved the dispatch of these Reminder Notices, marking the last opportunity for eligible shareholders to fulfil their payment obligations before potential forfeiture of shares.

Background and Call Money Structure

The rights issue was conducted pursuant to the Letter of Offer dated November 12, 2025. The Board of Directors had approved the payment schedule, including the period of payment of Calls, at its meeting dated November 11, 2025. Subsequently, the Rights Issue Committee had intimated the opening of the issue period for the First Call and the Second and Final Call at its meetings dated December 17, 2025 and February 9, 2026, respectively. The key financial parameters of the calls are summarised below:

Parameter: Details Issue Price per Rights Equity Share: ₹1,800.00 Face Value per Rights Equity Share: ₹1.00 First Call Amount per Rights Equity Share: ₹450.00 (25% of Issue Price) First Call — Face Value Component: ₹0.25 First Call — Premium Component: ₹449.75 Second and Final Call Amount per Rights Equity Share: ₹450.00 (25% of Issue Price) Second and Final Call — Face Value Component: ₹0.25 Second and Final Call — Premium Component: ₹449.75 Record Date for Shareholding: Friday, May 8, 2026

Two Categories of Reminder Notices

The Committee approved two distinct Reminder Notices. The First Call and Second and Final Call Reminder Notice is addressed to shareholders who have not paid either or both of the call amounts. The Second and Final Call Reminder Notice is directed at shareholders who have paid the First Call but have outstanding Second and Final Call money. Both notices carry the same payment deadline and are accompanied by detailed instructions and payment slips.

Payment Window and Accepted Modes

The payment period for both calls is open from Monday, May 18, 2026 to Wednesday, June 10, 2026 — a window of 24 days (both days inclusive). Shareholders are required to make payment exclusively through cheque(s) or demand draft(s); cash payments will not be accepted. Part payments will be treated as non-payment and may render the shares liable to forfeiture. The cheque or demand draft must be drawn in favour of the appropriate account as indicated below:

Shareholder Category: Account Name Resident Shareholders: ADANI ENTERPRISES LIMITED-RIGHT ISSUE-CALL MONEY ACCOUNT-R Non-Resident Shareholders: ADANI ENTERPRISES LIMITED-RIGHT ISSUE-CALL MONEY ACCOUNT-NR

Payments are to be submitted along with the duly filled payment slip at designated branches of State Bank of India across multiple cities including Ahmedabad, Bangalore, Baroda, Chandigarh, Chennai, Delhi, Ernakulam, Hyderabad, Jaipur, Kerala, Kolkata, Mumbai, Pune, Rajkot, and Surat, on or before Wednesday, June 10, 2026.

Consequences of Non-Payment and Share Conversion

Shareholders who fail to make the requisite payment by the deadline face significant consequences. The company is entitled to deduct from any future dividend payable to such shareholders all sums outstanding on account of calls. More critically, the partly paid-up equity shares — including amounts already paid thereon — may be liable to forfeiture in accordance with the Companies Act, 2013, the Articles of Association of the Company, and the Letter of Offer. However, where a payment is received that is less than the aggregate amount due, the Board or a duly authorised Committee may consider converting a proportionate lower number of Rights Equity Shares to fully paid-up status.

Post-Payment Credit and Registrar Details

Upon receipt of the outstanding call money, the Rights Equity Shares of ₹1/- each will be credited under the existing ISIN INE423A01024 and are estimated to be available for trading within three weeks from the last date of payment, i.e., Wednesday, June 10, 2026. Shareholders residing at locations without a State Bank of India collection centre may send their payment by registered post or speed post to the Registrar and Transfer Agent — MUFG Intime India Private Limited (formerly Link Intime India Private Limited), C-101, 1st Floor, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai – 400083, Maharashtra, India (Tel: +91 810 811 4949), ensuring receipt on or before the deadline. The Reminder Notices, detailed instructions, and payment slips are available on the Company's website at www.adanienterprises.com and on the RTA's website at www.in.mpms.mufg.com .

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