Adani Energy Solutions Ltd secures board approval for up to Rs 12,500 crore fundraising via QIP or other modes for business growth.
Adani Energy Solutions Ltd (AESL) announces board approval to raise up to Rs 12,500 crore via Qualified Institutional Placement (QIP) or other permitted modes, for business growth and expansion. The fundraising involves institutional investors, and fundraising methods and amounts will depend on market conditions and investor demand. The company is part of the Adani Group, a multinational conglomerate in India.
May 27, 2024
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