Adani Enterprises, Transmission to raise funds totalling Rs 21,000 crore via QIP

May 13, 2023

Adani Enterprises is set to raise Rs 12,500 crore and Adani Transmission plans to raise Rs 8,500 crore. This fundraising is expected to boost investor confidence and help the Group service its debt. The fundraising, however, comes as the group is in the middle of an ongoing investigation by a Supreme Court-appointed panel and market regulator SEBI.

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Over Rs 1 crore invested in mutual funds, NPS, PPF and FDs: Should this PSU banker increase equity exposure with 18 years to retirement?

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