Adani Enterprises Ltd.

Adani Enterprises' arm Adani Data Networks has deposited Rs 100 crore as earnest money deposit (EMD) for the 5G spectrum auction. EMD amounts give a broad indication of the company’s plan for picking up the spectrum in an auction. The EMD determines the eligibility points, through which telcos target a specific amount of spectrum in a given circle.

With its EMD at Rs 100 crore, the eligibility points assigned to Adani Data Networks for the auction stand at 1,650.

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.