Abu Dhabi-based IHC commits $400 million to Adani Enterprises FPO
Mumbai: Adani Enterprises Limited (AEL) on Monday received a fresh investment commitment of $400 million, or roughly ₹3,200 crore, from Abu Dhabi-headquartered International Holding Company (IHC), taking the overall subscription figure close to the halfway mark of ₹10,000 crore for its ongoing follow-on public offer (FPO). In a statement, IHC, essentially an investment company which picks up stakes in businesses internationally, said it would be investing $400 million into the Adani Enterprises FPO through its subsidiary, Green Transmission Investment Holding RSC Limited.
