FPO

Gautam Adani addresses investors after calling off Rs 20K cr FPO

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Gautam Adani addresses investors after calling off Rs 20K cr FPO

[ad_1] New Delhi: A day after deciding not to go-ahead with the fully subscribed Follow-on Public Offer (FPO), Adani Enterprises Ltd chairman Gautam Adani on Thursday said it would not be “morally correct” to go ahead with the Rs 20,000-crore share in the current market condition. “After a fully subscribed FPO, yesterday’s decision of its … Read more

Adani Enterprises calls off fully subscribed FPO; money to be returned to investors

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Adani Enterprises calls off fully subscribed FPO; money to be returned to investors

[ad_1] New Delhi: Adani Enterprises on Wednesday said it has decided to withdraw its fully subscribed Rs 20,000-crore follow-on public offer (FPO) and will return the proceeds to investors. The announcement came a day after the company’s FPO was subscribed fully on the last day of the offer on Tuesday. “The Board of Adani Enterprises … Read more