DISCLAIMER
NOTE: THE ELECTRONIC VERSION OF THE DRAFT PROSPECTUS (“DRAFT PROSPECTUS”) YOU ARE SEEKING TO ACCESS IS BEING MADE AVAILABLE ON THIS WEBSITE BY TIPSONS CONSULTANCY SERVICES PRIVATE LIMITED IN GOOD FAITH AND FOR INFORMATION PURPOSES ONLY. THE DRAFT PROSPECTUS HAS BEEN MADE AVAILABLE ON THIS WEB SITE IN ELECTRONIC FORM SOLELY TO COMPLY WITH THE SECURITIES AND EXCHANGE BOARD OF INDIA (ISSUE AND LISTING OF NON-CONVERTIBLE SECURITIES) REGULATIONS, 2021 AND CIRCULARS ISSUED THEREUNDER, AS AMENDED FROM TIME TO TIME (THE “SEBI NCS REGULATIONS”). YOU ARE ADVISED TO READ THIS DISCLAIMER CAREFULLY BEFORE READING, ACCESSING OR MAKING ANY OTHER USE OF THE DRAFT PROSPECTUS. BY ACCESSING THE DRAFT PROSPECTUS, YOU AGREE TO FOLLOW THE FOLLOWING TERMS AND CONDITIONS, INCLUDING ANY MODIFICATIONS TO THEM FROM TIME TO TIME.
These materials are not directed at or accessible by following persons:
•Foreign nationals;
•Persons resident outside India;
•Foreign Institutional Investors;
•Qualified Foreign Investors;
•Non-Resident Indians; and
•Overseas Corporate Bodies.
Neither the Lead Manager, nor their affiliates represent that the contents of the Draft Prospectus herein are accurate or complete. The information contained herein has not been updated since its original publication date and may not reflect the latest updates.
The contents of the Draft Prospectus are for your information only. You may not and are not authorized to (1) deliver the Draft Prospectus to any other person or (2) reproduce such Draft Prospectus in any manner whatsoever. Any distribution or reproduction of the Draft Prospectus in whole or in part is unauthorized. Failure to comply with this directive may result in a violation of the SEBI NCS Regulations or other applicable laws of India and other jurisdictions.
Please read this notice carefully - It applies to all persons who view this site. Please note that the disclaimer set out below may be altered or updated. You should read it in full each time you visit the site.
Neither we, nor our affiliates represent that the contents of the Draft Prospectus herein are accurate or complete. You may not and are not authorized to (1) deliver the Draft Prospectus to any other person or (2) reproduce such Draft Prospectus in any manner whatsoever. Any distribution or reproduction of the Draft Prospectus in whole or in part is unauthorized. The information in this section is directed at, and is intended for distribution to, and use by, residents of India only. Residents of countries other than India are not authorized to view or use the information in this section. Viewing this information may not be lawful in certain jurisdictions. In other jurisdictions only certain categories of person may be allowed to view this information. Any person who wishes to view this site must first satisfy themselves that they are not subject to any local requirements which prohibit or restrict them from doing so.
The debentures have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws in the United States and may not be offered or sold within the United States, or to, or for the account or benefit of, U.S. Persons (as defined in Regulation S of the U.S. Securities Act), except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities laws in the United States. No offers or sales of the NCDs are being made in the United States.
If you are not permitted to view materials on this website or are in any doubt as to whether you are permitted to view these materials, please exit this webpage.
The Draft Prospectus dated December 253 2025 (the “Draft Prospectus”) has been filed by the Issuer with National Stock Exchange of India Limited (“NSE”) and BSE Limited (“BSE”) (which is the designated stock exchange), and a copy of the Draft Prospectus has been forwarded to the Securities and Exchange Board of India (“SEBI”) for record purpose, pursuant to Regulation 13(1) of the SEBI NCS Regulations.
The Lead Manager have taken all necessary steps to ensure that the contents of the Draft Prospectus as appearing on this web site are identical to the Draft Prospectus filed by the Issuer with National Stock Exchange of India Limited (“NSE”) and BSE Limited, (which is the designated stock exchange) and a copy of the Draft Prospectus has been forwarded to the Securities and Exchange Board of India (“SEBI”) for record purpose, pursuant to Regulation 13(1) of the SEBI NCS Regulations for its comments in accordance with Regulation 27 of the SEBI NCS Regulations. You are reminded that documents transmitted in electronic form may be altered or changed during the process of transmission and consequently neither the Lead Manager nor any of their affiliates accept any liability or responsibility whatsoever in respect of alterations or changes which have taken place during the course of transmission of electronic data. The Lead Manager will not be responsible for any loss or damage that could result from interception and interpretation by any third parties of any information being made available to you through this web site. Access to electronic versions of these materials is being made available in good faith and for information purposes, in connection with an offering of debt securities under the SEBI NCS Regulations and are not intended to nor do they constitute an offer and/or an invitation to subscribe to the securities referred therein.
The materials placed herein are for informational purposes and are not a solicitation of any bid from you. Nothing contained herein shall constitute and/or deem to constitute an offer and/or an invitation to an offer to subscribe to the securities referred therein.
Any person seeking access to this portion of the Lead Manager’ website represents and warrants to the Lead Manager that they are doing so for information purposes only. Making press announcements and other documents available in electronic format does not constitute an offer to sell or the solicitation of an offer to buy securities in Adani Enterprises Limited (“Company”). Further, it does not constitute a recommendation by the Lead Manager or any other party to sell or buy securities in India of the Company.
Confirmation of understanding and acceptance of disclaimer
I have read and understood the disclaimer set out above. I understand that it may affect my rights. I agree to be bound by its terms. I confirm that I am permitted to proceed to electronic versions of these materials. I confirm that I do not fall under any of the categories below:
•Foreign nationals;
•Persons resident outside India;
•Foreign Institutional Investors;
•Qualified Foreign Investors;
•Non-Resident Indians; and
•Overseas Corporate Bodies.
