Abu Dhabi’s IHC to invest $400 mn in Adani Enterprises FPO
The major investment comes amid allegations by U.S.-based short seller Hindenburg against the Adani group; FPO, which has received a tepid response so far, was subscribed just 3% by Monday.
adani ent fpo
January 2023
‘Brazen, mala fide intention’: Adani group rebuffs Hindenburg report ahead of ₹20,000-cr FPO
Hindenburg Research takes short positions against Gautam Adani-controlled firms; says 7 listed companies of the conglomerate are 85% overvalued.
Adani Ent stock surges after filing papers to raise ₹20,000 cr via FPO
Adani board recently approved raising of ₹20,000 cr by way of a further public offering via fresh issue of equity shares.
