Adani Enterprises has disclosed the details of its Rs 24,930 crore rights issue, pricing each rights equity share at Rs 1,800. The record date for determining shareholder eligibility is set for Monday, 17 November. Eligible shareholders, holding shares as of this date, can subscribe to three rights equity shares for every 25 fully paid-up shares held. Market experts believe that investors should apply for this rights issue, particularly those with high risk appetite. Advertisement

Kranthi Bathini, Director Equity Strategy at Wealthmills Securities said that Adani Enterprises has been a wealth creator for investors for last few years considering its large bouquet of business and this stocks is suitable for investors with high risk appetite. "One should apply for its right issue with a lo

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