-19.45 (-0.90%) Adani Enterprises has received an approval for raising of funds by way of a further public offering through a fresh issue of Equity Shares by the Company aggregating up to Rs 20,000 crore. The board of directors of the Company at its meeting held on November 25, 2022, approved the same.
Besides, the company is going to seek approval of the shareholders for the aforesaid issuance by way of postal ballot process.
Adani Enterprises (AEL) is the flagship company of Adani Group, one of India’s largest business organisations.