Adani Transmission has received approval from its shareholder for raising up to Rs 5,000 crore through issuance of equity shares, securities and other instruments. The fund would be raised by issuance of equity shares or any instruments or securities, including global depository receipts or American depository receipts, or convertible preference shares or convertible debentures.
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.
