Adani Energy Plans Another Share Sale
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Insights by Echo AI
Adani Energy is planning another share sale by early next fiscal year. The company's flagship, Adani Enterprises, has already raised ₹158 crore ($1.58 billion) via a QIP earlier this month and ₹280 crore ($2.8 billion) through a rights issue. This upcoming sale marks the biggest capital raise from the group since a short seller's allegations roiled its shares in 2023.
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