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Adani Transmission to seek shareholders' nod to raise Rs 5,000 crore

18 Jul 2019 Evaluate

Adani Transmission will seek shareholders' approval on August 8 to raise Rs 5,000 crore through the issuance of equity shares, securities and other instruments. The company will raise the fund in one or more currencies and in one or more tranches.

Adani Transmission is a holding company. The company operates as a power transmission company. It is engaged in transmission of electric energy and trading of castor oil.

Peers
Company Name CMP
NTPC 324.55
Tata Power 363.35
Adani Power 199.80
Power Grid Corpn. 266.15
Adani Energy Solut. 1342.00
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