Articles for tag: equity base, institutional investors,

Rajiv Sharma

Adani's company secures ₹4200 crore funding despite significant share decline

Adani’s company secures ₹4200 crore funding despite significant share decline

Adani Enterprises has announced that it has allocated 14.1 million equity shares to qualified institutional buyers (QIBs) at an issue price of ₹2,962 per share. This significant allocation reflects the company’s ongoing strategy to bolster its equity base and attract institutional investors who can provide both capital and stability. Understanding the Share Allocation The recent ...