Adani Enterprises raises ₹4,200 crore through share sale
Mansi Agarwal, Published on Oct 17th, 2024
Adani Enterprises on Thursday announced it has raised around ₹4,200 crore through a qualified institutional placement (QIP). The company allocated over 1.41 crore equity shares through the QIP at an issue price of ₹2,962 per share. Quant Mutual Fund's Quant ELSS Tax Saver Fund was reportedly the largest investor in the QIP, acquiring nearly 47% of the total issue size.
Read Full Article ...