Adani Green Energy gains on planning to raise funds
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Adani Green Energy is currently trading at Rs. 935.05, up by 4.50 points or 0.48% from its previous closing of Rs. 930.55 on the BSE.
The scrip opened at Rs. 917.05 and has touched a high and low of Rs. 954.00 and Rs. 917.05 respectively. So far 2518 shares were traded on the counter.
The BSE group 'T ' stock of face value Rs. 10 has touched a 52 week high of Rs. 1394.00 on 25-May-2021 and a 52 week low of Rs. 369.00 on 24-Aug-2020.
Last one week high and low of the scrip stood at Rs. 962.00 and Rs. 914.95 respectively. The current market cap of the company is Rs. 147009.52 crore.
The promoters holding in the company stood at 57.47%, while Institutions and Non-Institutions held 20.62% and 21.91% respectively.
Adani Green Energy is planning to raise funds or borrow monies by offer, issue and allotment of securities including any senior secured or unsecured, senior or subordinated non-convertible debentures or any other permissible debt securities or by way of external commercial borrowings, whether denominated in Indian rupee and/or foreign currency (Securities), which may be issued in one or more tranches, in India or overseas, and that may be listed in any one or more stock exchanges in India or overseas, provided that the total amount does not exceed $75,00,00,000 or its equivalent in any currency, on a private placement basis or otherwise, subject to applicable laws.
The meeting of the Management Committee of the Board of Directors of the Company will be held on August 26, 2021 to consider the same.
Adani Green Energy builds, owns and operates power plants powered by renewable sources of energy like solar and wind.
