Adani Enterprises News
The issue price for the QIP was set at Rs 2,962 per share, reflecting a 5 per cent discount from the floor price of Rs 3,117.47 per share, according to the company's exchange filing.
Earlier in August, Adani Group's power transmission, distribution and smart metering company completed a USD 1 billion QIP, which has led to a significant increase in the company's free float.
The stock has recovered from losses of over 30 billion dollars that followed allegations of widespread corporate misconduct and share-price manipulation by US-based Hindenburg Research in January 2023.
Adani Enterprises is investing nearly $1.2 billion to set up a copper smelter with 0.5 MTPA (million tonnes per annum) capacity in the first phase.
The JV is currently building data centres in Chennai and Mumbai. The Mukesh Ambani-owned company has committed to invest the remaining 6.22 billion rupees in equity and debt securities of the JV's units, when needed.
Rahul Gandhi's statement in London on the state of Indian democracy and Adani's issue created a lot of uproar in Parliament. But apart from this yesterday, a minute after the proceedings of the Lok Sabha started, the sound of the live telecast of the Lok Sabha on Parliament TV disappeared, that is, the audio got lost.
The protest of the opposition regarding the Adani case is not taking the name of stopping. The opposition is protesting fiercely in front of the Gandhi statue in the Parliament complex regarding the JPC probe. Watch visuals.
The controversy over the Adani issue is not over. The Congress is constantly seen besieging the central government. Huge performance of Congress is being seen in Delhi.
There has been a hearing in the Supreme Court on the Adani Hindenburg case. After the completion of the court hearing in the Hindenburg case, the decision has been reserved.
Another petition has been filed in the Supreme Court demanding an inquiry against the Adani Group. Today the hearing on this matter is going on in the Supreme Court.
Another petition has been filed in the Supreme Court demanding an inquiry against the Adani Group. Today there will be a hearing on this matter in the Supreme Court.
Congress has once again cornered BJP over Adani issue. Amit Shah commented on this matter in an interview today. Regarding this, Congress leader Jairam Ramesh held a press conference and said, 'Why is the government running away from the JPC investigation'.
The Aam Aadmi Party is demonstrating at the BJP office on Sunday regarding the Adani episode. Aadmi Party alleges that BJP is defending Adani, this is a huge scam.
Congress President Mallikarjun Kharge hit back at PM's speech. He said that the PM talked about arrogance in his speech. did not answer the questions
Within 10 days of the Hindenburg report coming out, Gautam Adani has been out of the list of top 20 rich people of the world. Once again on the Adani issue yesterday, Rahul Gandhi made many serious allegations against the Prime Minister. So even today there was an uproar in the Parliament
On the issue related to Adani group, from Parliament to the road, the opposition is attacking the government. The opposition created a ruckus demanding a discussion on the issue of Adani, due to which the proceedings in both the Houses of the Parliament were adjourned on Monday.
The opposition is holding a big meeting on Hindenburg's report regarding continuous stock fall in Adani. Earlier yesterday also the opposition parties had held a meeting on this issue.
On the issue related to Adani group, from Parliament to the road, the opposition is attacking the government. The opposition created a ruckus demanding a discussion on the issue of Adani, due to which the proceedings in both the Houses of the Parliament were adjourned on Monday.
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