TWOADANI GROUP companies - Adani Enterprises (AEL) and Adani Transmission (ATL) plan to raise up to a total of ₹21,000 crore through qualified institutional placements (QIP) or other modes.
On its part,AEL plans to raise up to ₹12,500 crore, while funds raised by ATL would be about ₹8,500 crore. The purpose of this initiative is to secure additional capital for the companies' operations and growth strategies, the two firms informed bourses in separate updates.
The fundraising would be through issuance of shares, securities or other permissible modes, for which the companies will seek shareholders' approvals through a postal ballot, it added.
AEL is the flagship company of the group, while ATL is the largest private power transmission and distribution company in India.
هذه القصة مأخوذة من طبعة May 14, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة May 14, 2023 من Financial Express Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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