Adani Enterprises Ltd AEL has called off its follow-on share sale a day after it was fully subscribed, the company said in a statement. In a statement, the company said it called off the follow-on public offer, or FPO, considering market volatility and it will refund the FPO money to investors.
New Delhi, Jan 29 (PTI) Richest Asian Gautam Adani’s group on Sunday expressed confidence that the Rs 20,000 crore follow-on share sale of its flagship firm will sail through despite a massive hammering of the conglomerate’s stocks following a scathing report by a US-based short seller. Group CFO Jugeshinder Singh said no change in offering […]
Today Sensex plunges 1,100 points, Nifty around 17,550; Adani group stocks under pressure. Equity benchmarks sensex and Nifty fell on Friday dragged down by banking shares. From the Sensex pack, ICICI Bank, HDFC, Axis Bank, State Bank of India, Sensex slips over 1,100 points in closing trade. Adani Enterprises’ follow-on public offering (FPO), the largest […]
