Board of Adani Enterprises approves fund raising up to Rs 2500 cr

At meeting held on 05 May 2021

May 05, 2021 02:05 IST capital market

The Board of Adani Enterprises at its meeting held on 05 May 2021 has recommended renewal of enabling resolution for seeking approval of the shareholders at the ensuing Annual General Meeting (AGM) to raise funds by issue of Equity Shares / Convertible Bonds through Qualified Institutional Placement [QIP] / GDR / ADR / FCCBs / FCEBs / Convertible Securities / Other Equity Instruments for an aggregate amount upto Rs. 2,500 crore.

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