Adani Enterprises Ltd. — Capital/Financing Update 2025

Nov 10, 2025

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November 10, 2025

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: Intimation regarding divestment by a wholly owned subsidiary of the Company.

Ref: Disclosure pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Dear Sir/Madam,

With reference to the captioned subject, we would like to inform you that the Company has received an intimation (on November 10, 2025 at 3:46 P.M) from Adani Airport Holdings Limited, (“ AAHL ”), a wholly owned subsidiary of the Company, that AAHL has executed a Share Purchase Agreement (“ SPA ”) and Joint Venture Agreement (“ JVA” ) on November 10, 2025 with World Plate Collective Cuisines Limited (“WPCCL”) , a wholly owned subsidiary of AAHL and AJ Holding Limited (“AJ Holding”) in relation to disinvestment of AAHL’s 25% stake in WPCCL. Upon completion of contemplated transaction, AAHL and AJ Holding shall hold equity shares of WPCCL in the ratio of 75:25.

The details as required under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11[th] November, 2024 are given as under:

Sr. No.	Particulars	Details
1	Name(s) of parties with whom the agreement is entered	SPA and JVA have been executed by and between: Adani Airport Holdings Limited(“AAHL”), World Plate Collective Cuisines Limited (“WPCCL”) and AJ Holding Limited (“AJ Holdings”)
2	Purpose of entering into the agreement	AAHL shall be disinvesting 25% stake in WPCCL.
3	Shareholding, if any, in the entity with whom the	Currently, AAHL holds 100% shares of WPCCL.

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 – 382 421

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Sr. No.	Particulars	Details
	agreement is executed	Neither the Company nor AAHL hold any shares in AJ Holdings
4	Significant terms of the agreement (in brief) special rights like right to appoint directors, first right to share subscription in case of issuance of shares, right to restrict any change in capital structure etc.	Upon completion of the transaction, AAHL and AJ Holding Limited shall hold equity share of WPCCL in the ratio of 75:25. The Board of WPCCL shall comprise of 4 (four) directors of which 3 (three) shall be nominated by AAHL and 1 (one) by AJ Holding Limited.
5	Whether, the said parties are related to promoter/promoter group/ group companies in any manner. If yes, nature of relationship.	AAHL is a wholly owned subsidiary of the Company and WPCCL is a wholly owned subsidiary of AAHL. AJ Holding Limited is not part of promoter/promotergroup.
6	Whether the transaction would fall within related party transactions? If yes, whether the same is done at “arm’s length”	Not applicable
7	In case of issuance of shares to the parties, details of issue price, class of shares issued;	Not applicable
8	Any other disclosures related to such agreements, viz., details of nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements,etc;	Not applicable
9	In case of termination or amendment of agreement, listed entity shall disclose additional details to the stock exchange(s):	Not applicable
	name of parties to the agreement;
	nature of the agreement;
	date of execution of the agreement;
	details of amendment and

Adani Enterprises Limited “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle S. G. Highway, Khodiyar Ahmedabad – 382 421 Gujarat, India CIN: L51100GJ1993PLC019067

Tel + 91 79 2656 5555 Fax + 91 79 2555 5500 Investor.ael@adani.com www.adanienterprises.com

Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad – 382 421

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Sr. No.	Particulars	Details
	impact thereof or reasons of termination and impact thereof.

Kindly take the same on your records.

Thanking you

Yours faithfully, For Adani Enterprises Limited Digitally signed by JATINKUMAR RAMESHCHANDRA JALUNDHWALADN: C=IN, O=Personal, OID.2.5.4.65= JATINKUMAR g5nYQN4PPxbFhZRpDTjq5AmUoyH9pF3I, Phone=acbc46fc1ee93058c8eeffe44e85ce4c2780d726909c8afaeaa6dc89131d5e RAMESHCHANDR 07, PostalCode=380015, S=Gujarat, SERIALNUMBER=021b1e01bf9bf5a83b3dcbc7535c0ee503069bd426096a18baa803c8ca772ef2, CN=JATINKUMAR RAMESHCHANDRA JALUNDHWALAReason: I am the author of this document Location: A JALUNDHWALA Date: 2025.11.10 21:06:19+05'30'Foxit PDF Editor Version: 13.1.5

Jatin Jalundhwala Company Secretary & Joint President (Legal) Membership No. FCS-3064

Adani Enterprises Limited “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle S. G. Highway, Khodiyar Ahmedabad – 382 421 Gujarat, India CIN: L51100GJ1993PLC019067

Tel + 91 79 2656 5555 Fax + 91 79 2555 5500 Investor.ael@adani.com www.adanienterprises.com

Registered Office : “Adani Corporate House”, Shantigram, Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad – 382 421