Adani Enterprises launches QIP to raise at floor price Rs 3117.47 per share
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.