The Adani Enterprises board will also consider and approval the fundraising proposal via issuance of equity shares or any other eligible securities via permissible modes, including but not limited to a private placement, a qualified institutions placement, preferential issue, or any other method, the company said.

Adani Enterprises board meets on April 30 to discuss three important matters; Details here

In October 2024, Adani Enterprises had raised ₹4,200 crore through a QIP by issuing shares to Quant Mutual Fund, SBI Life Insurance and other eligible buyers.

By CNBCTV18.com

Shares of Adani Enterprises Ltd. are in focus on Tuesday, April 21, after the company informed the exchanges that its board of directors will meet next week to consider and approve three important matters.

The board meeting will be held on Thursday, April 30. Firstly, the board will meet to consider and approve results for the January-March quarter.

It will also consider and approve fundraising proposals via issuance of equity shares or any other eligible securities via permissible modes, including, but not limited to a private placement, a qualified institutions placement, preferential issue, or any other method, the company said in its exchange filing.

In October 2024, Adani Enterprises had raised ₹4,200 crore through a QIP by issuing shares to Quant Mutual Fund, SBI Life Insurance and other eligible buyers.

Adani Enterprises' board will also take a decision on the recommendation of dividend, if any for financial year 2026.

Last month, Adani Enterprises said its subsidiary had increased its holding in Air Works India to 99.98% after it acquired an additional 14.2% shareholding. Air Works India operates in the aviation space.

Shares of Adani Enterprises ended the previous session 0.3% higher at ₹2,225.6 apiece. The stock has gained 21.4% in the past month.

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