Adani Enterprises’ promoters, targeting to mop up around Rs 650 crore, has fixed the floor price at Rs 282 per share for selling little over 2 per cent stake in the company.
The sale shall take place on the separate window of the stock exchanges. As on Septmber-end, the promoters hold 79.96% stake in the company.
Adani Enterprises (AEL) is the flagship company of the Adani Group, it is the country's largest coal importer-turned-domestic private mine developer-cum-operator (MDO). The company is truly a diversified asset backed commodities trader, sourcing, producing, marketing and transporting them across the globe.
