Press Release

July 5, 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, Sub: Submission of Media Release. Please find enclosed herewith Media Release on the subject “Adani Defence & Aerospace to Invest ₹2,500 Crore in South Asia's Largest Private-Sector Missile Ecosystem in Shivpuri, Madhya Pradesh”. Kindly take the same on your records. Thanking you, Yours faithfully, For Adani Enterprises Limited Jatin Jalundhwala Company Secretary & Joint President (Legal) Membership No. FCS-3064 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 Media Release Adani Defence & Aerospace to Invest ₹2,500 Crore in South Asia's Largest Private-Sector Missile Ecosystem in Shivpuri, Madhya Pradesh Editor’s Synopsis • The project will set up an advanced missile ecosystem with composite propellant and Trinitrotoluene (TNT) production at a single location, creating India's first backward-integrated private-sector capability of its kind. • The ₹2,500-crore investment will create 5,000 direct and indirect skilled jobs, reinforcing Madhya Pradesh's emergence as a strategic defence hub. • The facility will strengthen India's indigenous missile capabilities, supporting the operational requirements of the Indian Armed Forces while advancing long-term defence preparedness. • It will accelerate the transition of DRDO-developed indigenous missile systems from successful trials to serial production. Shivpuri (Madhya Pradesh), 5 July 2026: Adani Defence & Aerospace, the defence and aerospace arm of Adani Enterprises Limited (AEL), today broke ground on a ₹2,500-crore project in Shivpuri, Madhya Pradesh (MP), to establish South Asia's largest private-sector missile ecosystem. The advanced missile ecosystem with composite propellant and Trinitrotoluene (TNT) production at a single location, will create an at-scale capability that is a first for India's private sector. The investment will generate 5,000 direct and indirect skilled jobs, create new opportunities for micro, small and medium enterprises (MSMEs) and reinforce the emergence of MP as a leading defence hub. The Shivpuri project closes a long-standing gap in India's defence supply chain by bringing system integration together with the production of critical materials, enabling the Indian Armed Forces to induct indigenous missile systems at scale. Welcoming the investment, Hon'ble Chief Minister of Madhya Pradesh Dr Mohan Yadav said, “This landmark investment reinforces the state’s emergence as a preferred destination for strategic manufacturing. It will strengthen India's indigenous defence ecosystem while accelerating industrial growth and attracting more high-value investments to the state.” Highlighting its transformational impact on the region, Union Minister and Member of Parliament from Guna, Hon'ble Shri Jyotiraditya Scindia said, “This landmark project marks the beginning of a new industrial chapter for the Shivpuri-Guna region. By bringing advanced defence manufacturing to the heart of our state, the facility will create high-quality employment opportunities and build a strong industrial ecosystem for the future.” Mr Jeet Adani, Director, Adani Defence & Aerospace, said: “Today marks the beginning of something truly significant. This project brings together missile system integration with the production of the materials needed to build advanced missile systems, all at one location, creating South Asia's largest private-sector missile ecosystem. We are proud to bring this sovereign capability to Madhya Pradesh, strengthening India's defence preparedness and contributing to Aatmanirbhar Bharat." Mr Karan Adani, Managing Director, Adani Ports & Special Economic Zone Limited (APSEZ), and Director, Adani Cement, attended the event, which was also graced by the state’s Energy Minister Hon’ble Shri Pradhuman Singh Tomar. The facility will combine advanced manufacturing technologies, automated production systems and globally benchmarked safety standards to support multiple missile programmes simultaneously. Designed to meet the requirements of the Indian Armed Forces as well as trusted international partners, it will strengthen India's strategic defence industrial capabilities while reinforcing the country's position as a reliable supplier of precision-guided munitions. Since 2020, Adani Defence & Aerospace has developed a robust small arms ecosystem in Gwalior, strengthening the state’s contribution to India’s defence manufacturing capabilities. From this facility, weaponry like pistols, light machine guns, carbines, assault rifles, and other advanced small arms systems are being supplied to the Indian Armed Forces. Backed by the support and guidance of the state government, the Gwalior complex has emerged as a key pillar in India’s drive for self-reliance in defence production. The investment comes at a pivotal stage in India's indigenous missile journey. Following successful Defence Research and Development Organisation (DRDO) trials conducted in partnership with Adani Defence & Aerospace, several next-generation missile systems are moving towards production, including the Next Generation Anti-Radiation Missile (NGARM), RUDRAM-II, Naval Anti-Ship Missile– Short Range (NASM-SR), Long-Range Glide Bomb (LRGB 'Gaurav') and the Tactical Autonomous Reconnaissance and Attack (TARA) system. About Adani Defence & Aerospace Adani Defence & Aerospace, part of the Adani Group, is India’s largest integrated private defence and aerospace company, building critical capabilities across land, air and sea. The company focuses on the design, development, manufacturing and sustainment of a wide range of defence and aerospace platforms and systems, including airborne surveillance and AEW&C, unmanned systems, arms and ammunition, electronic warfare and avionics, and advanced munition solutions. With a strong emphasis on indigenous lifecycle sustainment, MRO and aviation training, Adani Defence is developing a resilient defence industrial ecosystem through strategic collaborations with credible global partners, start-ups and MSMEs. Aligned with the vision of Aatmanirbhar Bharat, the company remains committed to long-term capability development, operational readiness and strengthening India’s national security. For more information, please visit www.adanidefence.com About Adani Enterprises Ltd Adani Enterprises Limited (AEL) is the flagship company of Adani Group, one of India’s largest business organisations. Over the years, Adani Enterprises has focused on building emerging infrastructure businesses, contributing to nation-building and divesting them into separate listed entities. Having successfully built sizeable and scalable businesses like Adani Ports & SEZ, Adani Energy Solutions, Adani Power, Adani Green Energy, Adani Total Gas and Adani Wilmar, the company has contributed to make India self-reliant with our robust businesses. This has also led to significant returns to our shareholders for three decades. The next generation of its strategic business investments are centered around green hydrogen ecosystem, airport management, data center, roads and primary industries like copper and petrochem - all of which have significant scope for value unlocking. For media inquiries, please contact: Roy Paul: roy.paul@adani.com