Adani Enterprises inches up on getting nod to raise funds up to Rs 16,600 crore
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Adani Enterprises is currently trading at Rs. 3247.75, up by 3.40 points or 0.10% from its previous closing of Rs. 3244.35 on the BSE.
The scrip opened at Rs. 3244.35 and has touched a high and low of Rs. 3247.95 and Rs. 3211.65 respectively. So far 7486 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3456.25 on 24-May-2024 and a 52 week low of Rs. 2142.30 on 20-Nov-2023.
Last one week high and low of the scrip stood at Rs. 3456.25 and Rs. 3135.70 respectively. The current market cap of the company is Rs. 369856.26 crore.
The promoters holding in the company stood at 72.61%, while Institutions and Non-Institutions held 20.18% and 7.21% respectively.
Adani Enterprises has received approval for fundraise of not exceeding to Rs 16,600 crore by way of qualified institutional placement (QIP) or other permissible mode in one or more tranches and in accordance with the applicable laws, subject to the receipt of the necessary approvals including approval of the members at the ensuing Annual General Meeting of the Company scheduled to be held on June 24, 2024 and other regulatory / statutory approvals, as may be required.
The Board of Directors of the Company at its meeting held on May 28, 2024 has approved the same.
Adani Enterprises is the flagship company of Adani Group, one of India’s largest business organisations.
