Adani Energy Solutions approves ₹10,000 cr QIP fundraise
after close1 source ↓written by the desknot a recommendation
- fundraise
- ₹10,000 crore
- Placement QIP
- 1 July
- to seek shareholder
- 25 July
Adani Energy Solutions' board approved a ₹10,000 crore fundraise via a Qualified Institutional Placement (QIP) on 1 July. An Extraordinary General Meeting (EGM) is scheduled for 25 July to seek shareholder approval. The funds will be raised through equity shares or other eligible securities, with pricing to be determined as per regulations.
Not investment advice. For informational purposes only.