Adani Enterprises launches QIP to raise at floor price Rs 3117.47 per share
Oct 10, 2024, at 04:13 am
Mumbai: Adani Enterprises Ltd, the flagship firm of billionaire Gautam Adani's conglomerate, launched its Qualified Institutional Placement (QIP) on Wednesday, setting the floor price for the issue at Rs 3,117.4750 per equity share, reflecting a 1.2% discount to the day’s closing price, reported Moneycontrol.
Adani Enterprises merges two subsidiaries to bolster green energy initiatives
Oct 03, 2024, at 03:35 am
Mumbai: Adani Enterprises Ltd. (AEL) has consolidated two of its subsidiaries with Adani New Industries Ltd. (ANIL) as part of its strategy to enhance its green energy portfolio.
'Threat to national security': Congress red flags Adani Group's investment in China
Sep 10, 2024, at 10:40 pm
New Delhi: The Congress party on Tuesday raised concerns over the Adani Group's decision to set up a subsidiary in China for project management services, claiming that this move could endanger India's national security and territorial integrity, media reports said.
Adani Enterprises establishes subsidiary to develop Nairobi airport in Kenya
Sep 05, 2024, at 04:53 am
Mumbai: Adani Enterprises, the flagship company of the Adani Group, has established a subsidiary in Kenya as part of its strategy to take over Jomo Kenyatta International Airport in Nairobi, media reports said.
Adani Enterprises' first retail bond fully subscribed: Report
Sep 05, 2024, at 01:54 am
Mumbai: Adani Enterprises' first retail bond was fully subscribed at its launch on Wednesday, according to data from local Indian stock exchanges, marking a rare occurrence in the market, Reuters reported.
Adani Enterprises claims Gautam Adani was misquoted in media reports on succession plan
Aug 07, 2024, at 08:09 pm
Ahmedabad/IBNS: Adani Enterprises Ltd, the flagship entity of Adani Group, on Wednesday (Aug 6) issued a statement, addressing recent media reports concerning the Indian multinational conglomerate's Chairman Gautam Adani's succession plans.
Adani Enterprises set to launch first-ever public bond issue: Report
Aug 01, 2024, at 04:25 am
Mumbai: Adani Enterprises, the flagship company of the Adani Group, is set to launch its first-ever public bond issue in the coming weeks, aiming to raise up to Rs 600 crore ($71.7 million), Reuters reported, citing two sources familiar with the development.
Adani Enterprises promoters raise stake to 73.95% in the company
Jun 15, 2024, at 02:34 am
Mumbai: Gautam Adani and the promoter group of Adani Enterprises have acquired over two percent of the company's stake from the open market between September 2023 and June 2024, as reported in a stock exchange filing on June 14.
Adani Enterprises to raise Rs 16,600 cr via QIP route
May 28, 2024, at 10:58 pm
Mumbai: The board of Adani Enterprises has approved a plan to raise Rs 16,600 crore through the Qualified Institutional Placement (QIP) route, as announced in an exchange filing on Tuesday.
6 Adani Group companies get show-cause notices from SEBI
May 04, 2024, at 06:26 am
Mumbai: Six Adani Group companies have informed the stock exchanges about receiving show-cause notices from the Securities and Exchange Board of India (SEBI) for alleged violations related to party transactions, listing rules non-compliance, and auditor certificate validity in previous instances, media reports said.
AdaniConneX sets benchmark with construction financing framework of USD 1.44 billion
Apr 28, 2024, at 06:25 pm
Ahmedabad: AdaniConneX, a 50:50 JV between Adani Enterprises and EdgeConneX, has established India’s largest sustainability-linked financing to raise up to USD 1.44 billion.
Adani Enterprises acquires France's Le Marche Duty Free SAS for 5,000 euros
Mar 07, 2024, at 04:41 am
Mumbai: Adani Enterprises on Wednesday said that its Dubai-based subsidiary, Ospree International FZCO, has purchased full ownership of France's Le Marche Duty Free SAS (LMDF) for 5,000 euros, media reported, citing a stock exchange filing.
Adani Enterprises Q3FY24 net profit more than doubles to Rs 1888 cr
Feb 02, 2024, at 01:06 am
Mumbai: Adani Enterprises Ltd. reported a massive surge in net profit in the quarter ended December 2023 profit, more than doubling 2.3 times to Rs 1888.4 crore, driven by the success of its newer business ventures.
Maharashtra: Adani Enterprises to invest Rs 50,000 cr in data centre infrastructure in next 10 yrs
Jan 18, 2024, at 04:35 am
Davos (Switzerland): Adani Group’s flagship company Adani Enterprises Limited on Wednesday signed a memorandum of understanding (MoU) with the Maharashtra government to set up 1 GW hyperscale data centre infrastructure in the state at an investment of Rs 50,000 crore in the course of the next decade, media reports said.
Adani Group plans to invest Rs 8,700 cr in Bihar; will add 10,000 jobs
Dec 14, 2023, at 11:08 pm
Patna: The Adani Group plans to invest Rs 8,700 crore in Bihar across various sectors, generating employment opportunities for approximately 10,000 people, said Adani Enterprises Director Pranav Adani.
Adani Enterprises profit falls 51% YoY in Q2FY24 to Rs 228 cr
Nov 03, 2023, at 05:24 am
Mumbai: Gautam Adani-led Adani Group’s flagship company Adani Enterprises Ltd on Thursday reported a 50.57% year-on-year (YoY) decline in consolidated net profit at Rs 227.80 crore for the quarter ended September 2023.
Abu Dhabi's International Holding Company increases stake in Adani Enterprises by 5%
Oct 04, 2023, at 03:16 am
Mumbai: After divesting its shares in two Adani Group firms, Abu Dhabi's International Holding Company (IHC) announced on Tuesday that it has increased its stake in the group's primary entity, Adani Enterprises Ltd, to over 5 percent, reported Moneycontrol.
Adani Enterprises Q1FY24 PAT soars 44% YoY to Rs 674 cr
Aug 04, 2023, at 02:31 am
Mumbai: Adani Enterprises on Thursday reported its financial results for the quarter ending in June 2023, revealing a consolidated net profit of Rs 674 crore, an increase of 44 percent compared to the net profit of Rs 469 crore reported in the previous fiscal year.
Jun 29, 2023, at 04:41 am
Mumbai: Goldman Sachs GQG and other foreign investors have made significant investments in Adani Green Energy and Adani Enterprises, according to recent reports.
IRCTC dismisses Congress's claim on Adani-Trainman deal
Jun 19, 2023, at 01:19 pm
New Delhi: The Indian Railway Catering and Tourism Corporation (IRCTC) on Sunday rebuffed Congress general secretary Jairam Ramesh's statement regarding Adani's acquisition of Trainman, an online train booking and information platform.
May 05, 2023, at 02:45 am
Mumbai: Gautam Adani led Adani Group’s flagship firm Adani Enterprises Ltd said on Thursday that its quarterly profit more than doubled, riding on a strong performance from its key coal trading division, Reuters reported.
Adani Enterprises removed from NSE's short-term additional surveillance framework
Mar 08, 2023, at 05:15 am
Mumbai/IBNS: Adani Enterprises, the flagship company of the Adani conglomerate that deals with ports and power, has been taken off the National Stock Exchange's (NSE) short-term additional surveillance framework, media reports said on Monday.
MC A10 Index improves 8% on Adani Enterprises stocks: Report
Mar 01, 2023, at 08:11 am
Mumbai: The MC A10 index, which is an indicator of Adani Group stocks, ended a seven-day losing streak due to some low-level purchasing in some of the companies, despite the benchmark indices closing half a percent lower, media reports said.
Adani Enterprises shares jump 25 pc after loan prepayment announcement
Feb 08, 2023, at 05:07 am
Mumbai/IBNS: Share prices of Adani Enterprises jumped as much as 25 percent on Tuesday after the firm announced to prepay more than $1 billion in loans, media reports said.
Feb 02, 2023, at 11:14 pm
Mumbai/IBNS: Stock prices of listed companies Adani Group companies continued to slide on Thursday despite a statement by conglomerate’s chairman Gautam Adani to placate investors, reiterating that the group has an impeccable track record in servicing its debts.
Amid crisis, Adani Enterprises withdraws fully subscribed FPO
Feb 02, 2023, at 04:45 pm
Thiruvananthapuram/UNI: The Board of Adani Enterprises Ltd. (AEL) has decided not to go-ahead with the fully subscribed Follow-on Public Offer (FPO).
Despite muted response from retail investors, Adani Enterprises says FPO on track
Jan 29, 2023, at 06:51 am
Mumbai: Adani Enterprises has maintained that its Rs 20,000 crore Follow on Public Offer (FPO) is well on track despite a muted response across investor categories amid a market rout in the group’s share.
After Hindenburg Research's negative report, Gautam Adani slips 4 positions on Forbes rich list
Jan 28, 2023, at 04:26 am
Mumbai: Amid a drop in the stock prices of the companies in Adani Group, its chairman Gautam Adani slipped from 3rd to 7th position on the list of the world’s richest people, as per Forbes Realtime Billionaires.
Hindenburg Research’s report impact: Adani Enterprises FPO receives muted response on day 1
Jan 28, 2023, at 03:48 am
Mumbai/IBNS: Adani Enterprises Ltd's follow-on public offer (FPO) received a bleak response across investor categories as the total issue was subscribed just 1% on Friday, data on the BSE website showed.
Adani Group to sue USA's Hindenburg Research for 'malafide, mischievous' report
Jan 27, 2023, at 12:59 am
Mumbai/IBNS: The Adani Group is planning to take US-based investment research firm Hindenburg Research to court for a "malafide and mischievous" report published before the Indian firm’s Rs 20,000 crore follow-on public offer (FPO) pulled down Adani Group stocks by up to 10% on Wednesday.