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Adani Group: The repayment of the loan will release the pledge on shares of promoters in four Adani Group companies, Adani Enterprises, Adani Ports, Adani Green Energy and Adani Transmission
So far in the last two months, the Adani Group now have prepaid share-backed financing up to $2,016 mn as part of the promoters' commitment to cut overall leverage.
Adani Enterprises, the Group flagship company, saw around 38.96 million equity shares (3.4 per cent of total equity) worth of around Rs 5,487 crore change hands on the BSE this morning.
It was responding to a BSE query seeking clarification with reference to movement in volume of its shares. ATL said the increase in trading volume/price of the shares is purely market driven
Adani Ports and Special Economic Zone, Adani Wilmar, ACC, Ambuja Cements and New Delhi Television (NDTV) are down in the range of 1 per cent to 5 per cent.
Shares of Adani Total Gas were locked in the lower circuit for the fourth straight day, down 10 per cent at Rs 1,901.65 on Wednesday.
S&P Global Ratings withdrew its rating for Adani Transmission Ltd., ending an assessment of barely investment grade at the company's request
Adani Transmission Ltd on Tuesday said it has incorporated a wholly-owned subsidiary, Adani Electricity Jewar Ltd, to carry on business of transmission, distribution and supply of power and other related infrastructure services. "Company has incorporated its WOS (wholly owned subsidiary) in the name of Adani Electricity Jewar Ltd (AEJL) on 12th September, 2022 with an initial authorised and paid up capital of Rs 1,00,000 each to, inter alia, carry on the business of transmission, distribution and supply of power and other infrastructure services relating thereto," a BSE filing said. AEJL will commence its business operations in due course, it stated. * * * * * Axio annualised disbursals at Rs 5,000 cr * Digital finance company axio on Tuesday said it has reached annualised disburals of Rs 5000 crore, up from Rs 1700 crore in 2021. axio (formerly Capital Float) said it has doubled its customer base in the last twelve months to nearly 5.5 million credit customers. The company is a
Among individual stocks, Coal India can surge up to 17%; Adani Power, Adani Transmission, NTPC and Tata Power are likely to gain in the range of 10-14 per cent.
At 10:23 AM, Adani Transmission's market cap stood at Rs 3.88 trillion, followed by ITC (Rs 3.77 trillion), BSE data shows.
The boards of directors of Adani Enterprises, Adani Transmission and Adani Green are scheduled to meet on Friday, April 8, 2022 to consider the proposal for raising of funds.
The firm's revenue for fiscal 2021 was down 14% to Rs 8,840 cr on a consolidated basis
In November last year, ATL had raised bonds worth $500 million. It was priced to yield 4.295 per cent.
The project is likely to ease transmission congestion and carry more power to meet the city's future electricity needs
The firm's total income during the July-September 2019 quarter increased to Rs 2,638.32 crore, compared with Rs 1,462.56 crore a year ago
Adani pipped two other bidders by emerging as the lowest bidder for laying the transmission lines for the much-delayed power plant