Adani Green Energy has fully repaid its $750 million Holdco Notes, which were used to fund its expansion over the past three years. The company used its cash reserves and a redemption reserve account, avoiding the need for refinancing. Adani Green’s capacity grew from 3.5 GW to 11.2 GW during this period.
Why did Nykaa shares drop despite a massive profit increase?
Nykaa’s parent company, FSN E-Commerce Ventures, experienced a nearly 5% share price drop despite reporting a significant 193% surge in net profit for the March