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Adani Green to seek board nod to raise up to $1 billion

moin by moin
24 May 2023
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Gautam Adani pips Mukesh Ambani to top Forbes list of India’s 100 Richest
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Adani Green to seek board nod to raise up to $1 billion

Adani Green Energy is set to seek board approval to raise ₹6,150 crore ($750 million) to ₹8,200 crore ($1 billion) through the qualified institutional placement (QIP) route, said people aware of the matter.

Two group companies had got approval of their boards for fundraising on May 13 -Adani Enterprises (₹12,500 crore) and Adani Transmission (₹8,500 crore).

Read more at: ECONOMIC TIMES

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