Adani Transmission to raise Rs 3,850 crore
NEW DELHI: Adani Transmission will raise Rs 3,850 crore by issuing 1.56 crore preference shares to Abu Dhabi-based fund Green Transmission Investment Holding RSC Ltd. The company has received shareholders’ approval for the fund raise.
“At an extra-ordinary general meeting convened on Tuesday, shareholders approved the issuance of equity shares on preferential basis to Green Transmission Investment Holding RSC Ltd,” said the company in an exchange filing.
