Adani family to invest Rs 9,350 cr in green unit via issuance of warrants
The Adani family will invest Rs 9,350 crore in Adani Green Energy through a preferential issuance of warrants, the company said in a statement on Tuesday.
The Board of Directors of Adani Green have approved a preferential issuance of warrants to the promoters of Adani Green for Rs 9,350 crore at Rs 1,480.75 per share, the company added.
The quantum of warrants constitutes up to 3.83 per cent of the share capital of the company. As of the September quarter, promoters and promoter groups held 56.26 per cent in the company.
