Adani Enterprises Ltd.

BSE: 512599 | NSE: ADANIENT
Large Cap | Trading
2137.25
-19.45 (-0.90%)
< Home < Back

Adani Enterprises planning to enter water segment

Date: 20-01-2023

Adani Enterprises (AEL) is planning to enter the water segment as this is a key element of its core business of infrastructure. The group is into the entire gamut of infrastructure -- being its ports, airports, roads, expressways, power generation & distribution, among others. In ports and airports, the group is the largest player in the private sector.

Earlier, the company had filed an offer letter with stock exchanges for a proposed Rs 20,000 crore follow-on public offer (FPO). The FPO of Adani Enterprises is planned to open on January 27 and close on January 31.

Adani Enterprises (AEL) is the flagship company of Adani Group, one of India’s largest business organisations.