Adani Enterprises, Transmission to raise funds totalling Rs 21,000 crore via QIP

Adani Enterprises, Transmission to raise funds totalling Rs 21,000 crore via QIP

Adani Enterprises and Adani Transmission today announced that they would raise funds totalling Rs 21,000 crore through the qualified institutional placement (QIP) route. While Adani Enterprises said it will raise Rs 12,500 crore, Adani Transmission would raise Rs 8,500 crore. The fund raising exercise would be conducted by way of issuance of shares and/or other … Read more