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Oct. 7
- Gautam Adani’s Adani Enterprises Ltd. plans a $1.3 billion share sale via a qualified institutional placement starting as early as Oct. 7. The move follows a short-seller's 2023 allegations of fraud, which led to a significant stock drop. The share issue aims to signal investor confidence and revive expansion efforts. IANS
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1 day ago · Adani Enterprises Ltd. is looking to raise about $1.3 billion through a so-called qualified institutional placement and is expected to start the process as early as the week starting Oct. 7, said ...
16 hours ago · The transaction would follow Adani Energy Solutions Ltd.’s $1 billion share sale in August to institutional investors.The group, helmed by Asia’s second-richest person, and its joint-venture partner Wilmar International Ltd. are also planning to sell 13% in consumer goods maker Adani Wilmar Ltd. to pare the founders’ stake and align with India’s shareholding regulations.
19 hours ago · Adani Enterprises Limited is a diversified group organized around 5 areas of activity: - logistics and supply services (66.9% of net sales); - mining extraction services (3.8%); - manufacturing of photovoltaic panels (3.5%); - airport management (3.4%): ownership, at the end of March 2022, of 6 airports in India; - other (22.4%): manufacturing of food products, production of palm oil, production of sugar, storage, handling and transportation of fruit, manufacturing of aeronautical and ...
1 day ago · PHOTO: AFP. Billionaire Gautam Adani’s flagship firm plans to roll out its share sale as early as next week, according to people familiar, marking its return to public equity markets after a scathing short-seller report in 2023 derailed a previous plan. Adani Enterprises is looking to raise about US$1.3 billion through a so-called qualified ...
Aug 7, 2024 · Adani Enterprises Ltd is likely to launch a $1 billion share sale by mid-September, three sources with direct knowledge of the matter told Reuters, in the latest attempt by Indian billionaire...
May 13, 2023 · Indian tycoon Gautam Adani’s companies are seeking to issue shares for the first time since a short seller accused the billionaire’s group of accounting fraud and stock price manipulation...
