Adani Enterprises update on FPO of up to Rs 20000 cr

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Adani Enterprises has approved the following with reference to the company's further public offer of equity shares aggregating up to Rs 20,000 crore of face value Re 1 each on partly paid-up basis.

a. The Floor Price of the Offer to be Rs 3,112/- per FPO equity share and the Cap Price of the Offer to be Rs 3,276/- per FPO equity share for all categories of investors;

b. Approving the discount of Rs 64 per FPO equity share for Retail Individual Investors Bidding in the Retail Portion of the Offer; and

c. A minimum bid lot of four FPO equity shares and in the multiples of four FPO equity shares thereafter.

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