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Adani Transmission executes SSA with Green Transmission Investment Holding RSC

04 May 2022 Evaluate

Adani Transmission (ATL) has executed a Share Subscription agreement (SSA) on May 02, 2022 with Green Transmission Investment Holding RSC for the issuance and allotment of 1,56,82,600  equity shares of face value of Rs 10 each of the Company to the Investor on preferential basis, in compliance with the applicable provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018 and other applicable laws. The current principal shareholder of Green Transmission Investment Holding RSC is IHC Capital Holding LLC.

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 326.50
Tata Power 364.00
Adani Power 199.60
Power Grid Corpn. 267.00
Adani Energy Solut. 1343.00
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