Adani Enterprises Ltd.

Adani Enterprises has received an approval to raise funds by issue of equity shares / convertible bonds through Qualified Institutional Placement (QIP) / GDR / ADR / FCCBs / FCEBs / Convertible Securities for an aggregate amount up to Rs 6,000 crore. The board of director at its meeting held on May 04, 2016 has approved for the same. The board has also approved to issue Secured / Unsecured Redeemable Non-Convertible Debentures on private placement basis within the overall borrowing limits of the company, in the period of next twelve months.

Adani Enterprises is an infrastructure company. The Company is engaged in coal trading, coal mining, oil and gas exploration, ports, multimodal logistics, power generation and transmission, and gas distribution.