Adani Green Energy Ltd had earlier shelved its planned $600 million bond offering in November 2024 following the US indictment of key executives, including Chairman Gautam Adani
The moves aim to bring transparency in how the wealth of Asia's second-richest person, valued at $105.4 billion
The companyies also said it plans to buy back $130 million of the 3.375% senior notes in each of the next four quarters
The opposition parties are going to meet on Tuesday at 10 AM to "decide the day's strategy" regarding their demand for a Joint Parliamentary Committee (JPC) into the Adani Issue.
Two entities of Adani Enterprises Ltd -- Adani Road GRICL Limited (ARGL) and Adani Road Stpl Ltd (ARSL) - will together raise upto Rs 800 crore through non-convertible debentures (NCDs)
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The Adani group's foray into the 5G space comes on the back of a massive expansion spree
Telecom experts say that that Adani move is an attractive proposition, and according to their estimates, they will have to fork out a nominal Rs 2800 cr for 20 years for pan-India millimetre band
The corpus will be administered by the Adani Foundation
Analysts say AEL meets all requirements to make it to the benchmark index. Inclusion will be a big boost for the stock, resulting in passive inflows of $183 million
Q&A with the Chairperson of Adani Foundation, the philanthtropic and CSR arm of the Adani Group