Adani Energy Solutions approves Rs.10,000 crore fundraising via QIP; check Q1 results date for the Adani Group stock
New Delhi, July 2 -- Adani Energy Solutions was in focus on Thursday, 2 July, after the Adani Group company's board approved a proposal to raise up to Rs.10,000 crore through the issuance of equity shares and/or other eligible securities via a Qualified Institutional Placement (QIP) or other permissible modes, subject to shareholders' and regulatory approvals. The decision was taken at the company's board meeting held on July 1, 2026.
The company said the proposed fundraising may be carried out in one or more tranches through the issuance of equity shares having a face value of Rs.10 each and/or other eligible securities or any combination thereof. The proposal remains subject to the approval of the company's members and other regulatory...
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