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

2023-02-02

National

By: SAQIB SHAFI

On: February 2, 2023

[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.Continue Reading

Adani Enterprises FPO fully subscribed, 4.62 crore shares sought

2023-01-31

National

By: SAQIB SHAFI

On: January 31, 2023

[ad_1] Representational Image New Delhi: The Rs 20,000 crore share sale of Adani group’s flagship firm was fully subscribed on Tuesday after non-retail investors bid in big volumes, according to stock exchange data. As many as 4.62 crore shares were sought as against an offer of 4.55 crore. Non-institutional investors putContinue Reading