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New Delhi: Adani Enterprises Limited’s (AEL) Rs 1,000 crore public issue of non-convertible debentures (NCDs) was lapped up within 45 minutes of opening, according to stock exchange data. The base issue of Rs 500 crore was snapped in just 10 minutes and subscription crossed Rs 1,000 crore – after including the greenshoe option – in…
New Delhi18 minutes ago copy link Adani Group is now going to enter the petrochemical sector. For this, Adani Petrochemicals Limited, a subsidiary of Adani Enterprises Limited, has partnered with Indorama Resources Limited of Thailand. This joint venture has been named Valor Petrochemicals Limited (VPL), in which both the companies will have 50%-50% stake. Adani…
Mumbai5 minutes ago copy link The shares of Adani Wilmar, the FMCG company of Adani Group, are seeing a decline of about 7% today. Currently this share is trading at the level of Rs 306.40 with a decline of 6.80%. In fact, on December 30, Adani Group’s flagship company Adani Enterprises Limited (AEL) has announced…
Mumbai: The Adani Group saw a stupendous rise in its market capitalisation on Wednesday, adding nearly Rs 1.25 lakh crore to its value, as shares of its portfolio of companies rallied by up to 20 per cent, led by Adani Power and Adani Green. This brought the total market capitalisation of the conglomerate to approximately…
Adani Enterprises Limited (AEL) on Thursday announced the launch of its maiden public non-convertible debenture (NCD) issue on September 4, with plans to raise up to Rs 800 crore. The offering will include up to 80,00,000 secured, listed and redeemable NCDs, each with a face value of Rs 1,000. The base size issue is Rs…