28 July 2026 at 3:20 am
Summary
Adani Energy Solutions has launched a Qualified Institutional Placement (QIP) to raise Rs 3,500 crore, setting the floor price at Rs 1,698.15 per equity share. This fundraising initiative aims to secure equity capital from institutional investors, with proceeds earmarked for capital expenditure and loan repayments, following a previous approval to raise Rs 10,000 crore via QIP.
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