HomeStock MarketAdani Enterprises to raise ₹20,000 crore in India's biggest FPO to date

Adani Enterprises to raise ₹20,000 crore in India’s biggest FPO to date

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By lapaasindia
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  • On Friday, the board of Adani Enterprises authorised a plan to issue new equity shares in order to raise ₹20,000 crore.
  • A further public offering (FPO) would be used to generate the money, the company announced in a stock exchange filing.
  • The 20,000 crore FPO by Adani Enterprises would surpass Yes Bank’s record of ₹15,000 crore FPO as the largest to date in India.

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