NSEStatement of deviation(s) or variation(s) under Reg. 323d ago · 28 Oct 2026, 06:42 pm

Statement of deviation(s) or variation(s) under Reg. 32

Adani Enterprises Limited · ADANIENT

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Adani Enterprises Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32, confirming no deviation or variation in the utilisation of proceeds of funds raised through Qualified Institutional Placement from the objects stated in Placement Document dated 7th July, 2026.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
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Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10

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Adani Enterprises Limited has informed the Exchange about statement of deviation(s) or variation(s) under Reg. 32

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28th October, 2026 BSE Limited National Stock Exchange of India Limited P J Towers, Exchange plaza, Dalal Street, Bandra-Kurla Complex, Mumbai – 400001. Bandra (E), Mumbai – 400051. Scrip Code: 512599 Scrip Code: ADANIENT Dear Sir / Madam, Sub: Statement of deviation or variation for the quarter ended 30th September, 2026 Ref: Funds raised through Qualified Institutional Placement Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended read with SEBI circular no. CIR/CFD/CMD1/162/2019 dated December 24, 2019, we hereby confirm that during the quarter ended on 30th September, 2026, there was no deviation or variation in the utilisation of proceeds of funds raised through Qualified Institutional Placement from the objects stated in Placement Document dated 7th July, 2026. A statement of deviation or variation, if any, for the quarter ended on 30th September, 2026, duly reviewed by the Audit Committee of the Company is enclosed herewith. Kindly take the above on your records. Thanking you, Yours faithfully, For Adani Enterprises Limited Jatin Jalundhwala Company Secretary & Joint President (Legal) Membership No.: F3064 Encl: As above Adani Enterprises Limited Tel + 91 79 2656 5555 “Adani Corporate House”, Fax + 91 79 2555 5500 Shantigram, Near Vaishno Devi Circle, investor.ael@adani.com S. G. Highway, Khodiyar www.adanienterprises.com Ahmedabad 382 421 Gujarat, India CIN: L51100GJ1993PLC019067 Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421 Statement on Deviation of Variation for proceeds of QIP issue Name of listed entity Adani Enterprises Limited Mode of Fund Raising Public Issues / Rights Issues / Preferential Issue / QIP / Others Date of Raising Funds 09th July, 2026 Amount Raised INR 15,000 Crores Report filed for Quarter ended 30th September, 2026 Monitoring Agency Applicable Monitoring Agency Name, if applicable CARE Ratings Limited Is there a Deviation / Variation in use of funds No raised If yes, whether the same is pursuant to change in terms of a contract or objects, which was Not Applicable approved by the shareholders If Yes, Date of shareholder Approval Explanation for the Deviation / Variation Comments of the Audit Committee after review No Comments Comments of the auditors, if any No Comments Original Modified Funds Amount of Deviation Modifie Remar Allocation Allocation Utilised / Variation for the Original Object d Object, ks, if (Rs. In (Rs. In (Rs. In quarter according to if any any Crores) Crores) Crores)# applicable objects Funding capital expenditure requirements of some of our Subsidiaries in relation to (a) setting up a polyvinyl chloride (“PVC”) plant; and (b) payment of concession fee for 2,450.00 640.47 tolling, operation, maintenance and transfer of six lane Chennai Outer Ring Road (“CORR”) Repayment/ pre-payment, in full or in part, of certain outstanding NA NA Nil borrowings availed by our Company and our Subsidiaries, namely, 7,800.00 6,805.10 Mundra Solar PV Limited, Adani Airport Holdings Limited and Kutch Copper Limited, including the interest accrued thereon Funding inorganic growth through unidentified 4,664.50 3,727.79 acquisitions/investments and general corporate purposes Issue expenses 85.50 85.22 Total 15,000.00 11,258.58 # excluding utilization of income earned on interim investments of funds. Adani Enterprises Limited Tel + 91 79 2656 5555 “Adani Corporate House”, Fax + 91 79 2555 5500 Shantigram, Near Vaishno Devi Circle, investor.ael@adani.com S. G. Highway, Khodiyar www.adanienterprises.com Ahmedabad 382 421 Gujarat, India CIN: L51100GJ1993PLC019067 Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421 Deviation or variation could mean: a) Deviation in the objects or purposes for which the funds have been raised or b) Deviation in the amount of funds actually utilized as against what was originally disclosed or c) Change in terms of a contract referred to in the fund-raising document i.e. prospectus, letter of offer, etc Yours faithfully, For Adani Enterprises Limited Jatin Jalundhwala Company Secretary & Joint President (Legal) Membership No.: F3064 Adani Enterprises Limited Tel + 91 79 2656 5555 “Adani Corporate House”, Fax + 91 79 2555 5500 Shantigram, Near Vaishno Devi Circle, investor.ael@adani.com S. G. Highway, Khodiyar www.adanienterprises.com Ahmedabad 382 421 Gujarat, India CIN: L51100GJ1993PLC019067 Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle, S. G. Highway, Khodiyar, Ahmedabad - 382421