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Adani Energy plans Rs 10,000-crore QIP fundraise
Adani Energy Solutions has received board approval to raise a substantial ₹10,000 crore through a qualified institutional placement. This move follows their recent agreement to acquire IntelliSmart Infrastructure for ₹3,050 crore. Shareholders will vote on the issuance at an extraordinary general meeting on July 25. The company's stock saw a positive response, closing 2% higher on the BSE.
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thehindubusinessline.com
Adani Energy Solutions plans to raise up to ₹10,000 cr
Adani Energy Solutions Ltd (AESL) on Tuesday approved a plan to raise up to ₹10,000 crore from institutional investors as the company looks to strengthen its capital base and…
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newsbytesapp.com
Adani Energy Solutions wants to raise ₹10,000cr via QIP
Adani Energy Solutions Ltd plans to raise up to ₹10,000 crore through Qualified Institutional Placement or other routes to bolster its capital base and drive expansion initiatives.
