Adani moves on from Hindenburg! Two Adani firms to raise up to
Rs 21,000 cr

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Two Adani firms to raise
up to Rs 21k cr

Adani Transmission and Adani Enterprises on Saturday said they will together raise up to Rs 21,000 crore via QIP [{ "selector": ".woirw-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 469px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".felec-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Adani Transmission to
raise up to Rs 8,500 cr

Adani Transmission said its board on Saturday approved a plan to raise up to Rs 8,500 crore from the market [{ "selector": ".gxqil-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 469px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".dkmcn-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Adani Enterprises to raise
up to Rs 12,500 cr

Adani Enterprises said its board on Saturday approved a plan to raise up to Rs 12,500 crore from the market through qualified institutional placement or other permissible mode [{ "selector": ".onctj-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 449px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".lerzl-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Adani Enterprises'
botched FPO plan

In February, Adani Enterprises withdrew its Rs 20,000-crore FPO due to a scathing report from US short seller Hindenburg Research on Adani Group's functioning [{ "selector": ".rsxzz-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 449px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".bpcta-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Adani Green Energy defers fundraising plan

Adani Green Energy, which was scheduled to have a board meeting on Saturday to consider proposal to raise funds, deferred the meet to May 24 due to 'exigencies' [{ "selector": ".liots-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 449px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".ixnjr-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Adani moves on from
Hindenburg

Adani firms announcing fundraising plans on Saturday indicates the Gautam Adani-led conglomerate is looking beyond Hindenburg with semblance of stability returning to the firms' stock prices as well [{ "selector": ".qxilq-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateX(-349.0001331676135px)", "opacity": "1"}, {"offset": 1, "transform": "translateX(0)", "opacity": "1"} ] }, { "selector": ".fpjie-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Hindenburg's allegations against Adani

In its January report, Hindenburg Research accused Adani Group of fraud and stock manipulation; however, the conglomerate denied all the allegations [{ "selector": ".qkcgo-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 452px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".fqupx-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

Adani raises $1.87 bn
from GQG

In March, US-based investment firm GQG Partners invested $1.87 billion across Adani Enterprise, Ports, Transmission and Green Energy via secondary market deals [{ "selector": ".ajpzj-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 452px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".eooee-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

SC reprieve likely for Adani

The Supreme Court Friday said it will consider granting three more months to market regulator Sebi to wrap up its probe Hindenburg's allegations against Adani Group [{ "selector": ".dooti-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 452px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".gidgo-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

BSE, NSE remove 3 Adani stocks from ASM framework

BSE and NSE on Friday said that three Adani group companies -- Adani Total Gas, Adani Transmission and Adani Green Energy -- will move out of the ASM framework from May 15 [{ "selector": ".qbrjm-a", "duration": "500ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "transform": "translateY(calc(600px - 452px))", "opacity": "1"}, {"offset": 1, "transform": "translateY(0)", "opacity": "1"} ] }, { "selector": ".lcuid-a", "duration": "1000ms", "fill": "forwards", "delay": "0ms", "keyframes": [ {"offset": 0, "opacity": 0}, {"offset": 1, "opacity": "1"} ] }]

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Adani moves on from Hindenburg! Two Adani firms to raise up to Rs 21,000 cr

Produced by: J JagannathDesigned by: Mohsin Shaikh

Two Adani firms to raise up to Rs 21k cr

Adani Transmission to raise up to Rs 8,500 cr

Adani Enterprises to raise up to Rs 12,500 cr

Adani Enterprises' botched FPO plan