Adani Transmission gets nod from shareholders to raise up to Rs 8,500 crore

20 Jun 2023 Evaluate

Adani Transmission has received shareholders' approval to raise up to Rs 8,500 crore through issuance of equity shares on qualified institutional placement basis. The company had sought shareholders' approval through postal ballot to raise up to Rs 8,500 crore by way of qualified institutional placement through issuance of equity shares and/or other eligible securities to eligible investors on May 15, 2023. The company's board had approved the proposal at a meeting on May 13, 2023.

Adani Transmission is a holding company. The company operates as a power transmission company. It is engaged in transmission of electric energy and trading of castor oil.


Adani Energy Solut. Share Price

767.75 -28.30 (-3.56%)
20-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
NTPC 333.30
Tata Power 401.25
Power Grid Corp 315.75
Adani Power 498.45
Torrent Power 1476.80
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