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Adani Enterprises to raise funds up to Rs 6,000 crore

04 May 2016 Evaluate

Adani Enterprises has received an approval to raise funds by issue of equity shares / convertible bonds through Qualified Institutional Placement (QIP) / GDR / ADR / FCCBs / FCEBs / Convertible Securities for an aggregate amount up to Rs 6,000 crore. The board of director at its meeting held on May 04, 2016 has approved for the same. The board has also approved to issue Secured / Unsecured Redeemable Non-Convertible Debentures on private placement basis within the overall borrowing limits of the company, in the period of next twelve months.

Adani Enterprises is an infrastructure company. The Company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.

Adani Enterprises Share Price

2218.35 13.35 (0.61%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Redington 234.90
Adani Enterprises 2218.35
Amrapali Industries 17.53
Rashi Peripheral 455.25
PDS 301.45
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