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Adani Enterprises informs about outcome of board meeting

28 May 2024 Evaluate
With reference to letter dated 23rd May, 2024, Adani Enterprises has informed that the Board of Directors of the Company (the Board), at its meeting held today, i.e. 28th May, 2024, commenced at 10:30 am and concluded at 11:00 am., has approved raising of funds by way of issuance of such number of equity shares having face value of ? 1 each of the Company and / or other eligible securities or any combination thereof (hereinafter referred to as Securities), for an aggregate amount not exceeding ? 16,600 crore or an equivalent amount thereof by way of qualified institutional placement (QIP) or other permissible mode in one or more tranches and in accordance with the applicable laws, subject to the receipt of the necessary approvals including approval of the members at the ensuing Annual General Meeting of the Company scheduled to be held on Monday, 24th June, 2024 and other regulatory / statutory approvals, as may be required. The details, as required to be disclosed under Regulation 30 read with SEBI Circular dated July 13, 2023, are also enclosed as Annexure A. We request you to kindly take this on record and consider the above in accordance with Regulations 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.

The above information is a part of company’s filings submitted to BSE.

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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