Statement of Deviation for funds raised through Rights Issue

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 Rights Issue 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 Rights Issue from the objects stated in Letter of Offer dated 12th November, 2025 (‘LOF’). 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 Rights Issue Name of listed entity Adani Enterprises Limited Mode of Fund Raising Public Issues / Rights Issues / Preferential Issue / QIP / Others Date of Raising Funds 12th December, 2025 (Application Money) 04th February, 2026 (First Call Money) 24th March, 2026 (Second Call Money) Amount Raised INR 24,906.82 Crores (Refer Note below) 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 Objects for which funds have been raised and where there has been a deviation, in the following table Original Original Amount of Allocation Allocation Deviation Re Modi as as / Variation m Original Funds fied per Share per call for the ar Allocation Modified Utilised Original Object Obje Application Money quarter ks, (Rs. In Allocation (Rs. In ct, if Money received according if Crores) Crores)# any received (Rs. In to an (Rs. In Crores) applicable y Crores) objects Repayment / pre-payment, in full or in part, of certain outstanding borrowings availed and perpetual debt instruments issued by our Company and one of our Subsidiaries, Adani 18,698.00 12,465.15 12,409.11 18,698.00 NA NA Nil Airport Holdings Limited , including the interest accrued thereon. General corporate 6,208.05 6,184.57 purposes Issue expenses 24.25 24.25 Total 24,930.30 12,465.15 12,441.67 24,906.82 Note - Company has received the proceeds towards first and second call on the partly paid rights equity shares. However, call money amounting to Rs. 23.48 crore is yet to be received in monitoring account # 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 The entire money raised by the Company through Rights Issue up to September 30, 2026, has been utilized for the objects as stated in the Letter of Offer dated November 12, 2025 Note: The Rights Equity Shares were issued on a partly paid-up basis and an amount of Rs. 900 (i.e. 50% of the Issue Price) per Rights Equity Share has been received on application (of which Rs. 0.50 towards face value of Rights Equity Share and Rs. 899.50 towards premium amount) and Rs. 450 (i.e. 25% of the Issue price) per Rights Equity Share has been received on First call (of which Rs. 0.25 towards face value of Rights Equity Share and Rs. 499.75 towards premium amount) and Rs. 450 (i.e. 25% of the issue price) per Rights Equity Share has been received on Second and Final call (of which Rs. 0.25 towards face value of Rights Equity Share and Rs. 499.75 towards premium amount). 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