Adani Enterprises to spread Rs 25,000-cr rights issue over 4 tranches
Adani Enterprises will spread its proposed rights issue of up to ₹25,000 crore—its largest ever fundraising—over four equal tranches and a period of six-eight months, sources aware of the development said. The company intends to use a significant portion of the rights issue to repay shareholder loans provided by the promoter. This will effectively create … Read more
