The companys board will consider fund raising by way of a rights issue, preferential allotment, including a qualified institutions placement or through any other permissible mode and/or combination thereof.
Adani Green Energy has one of the largest global renewable portfolios with 19.8 GW (giga-watts) of operating, under-construction and awarded projects catering to investment-grade counterparties.
On a consolidated basis, the company reported a 12% rise in net profit to Rs 49 crore on a 92.5% jump in net sales to Rs 1,391 crore in Q3 FY22 over Q3 FY21.
Shares of Adani Green were trading 1.33% higher at Rs 2,218.1 on BSE.
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