{"id":278628,"date":"2019-06-17T04:57:21","date_gmt":"2019-06-17T04:57:21","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=278628"},"modified":"2019-06-17T04:57:21","modified_gmt":"2019-06-17T04:57:21","slug":"adani-green-energy-raises-%e2%82%b9402-crore-through-offer-for-sale","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-green-energy-raises-%e2%82%b9402-crore-through-offer-for-sale\/","title":{"rendered":"Adani Green Energy raises \u20b9402 crore through offer for sale"},"content":{"rendered":"<p>New Delhi: Adani Green Energy on Friday said it has raised around \u20b9402 crore through sale of 9.35 crore shares by promoters for maintaining minimum public shareholding norms.<\/p>\n<p>Under the norms, at least 25% of the equity should be held by public. Therefore, the company came up with offer for sale (OFS) to offload equity shares.<\/p>\n<p>Gautam S Adani &amp; Priti G Adani (on behalf of Gautam S Adani Family Trust) and Gautam S Adani &amp; Rajesh S Adani (on behalf of S B Adani Family Trust) sold 9,35,84,300 shares (cumulatively representing 5.98% of paid-up equity share capital) via an OFS, as per a BSE filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New Delhi: Adani Green Energy on Friday said it has raised around \u20b9402 crore through sale of 9.35 crore shares by promoters for maintaining minimum public shareholding norms. Under the norms, at least 25% of the equity should be held by public. Therefore, the company came up with offer for sale (OFS) to offload equity shares. Gautam S Adani &amp; Priti G Adani (on behalf of Gautam S Adani Family Trust) and Gautam S Adani &amp; Rajesh S Adani (on behalf of S B Adani Family Trust) sold 9,35,84,300 shares (cumulatively representing 5.98% of paid-up equity share capital) via an [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[139,130,237],"tags":[],"class_list":["post-278628","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-power-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/278628","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=278628"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/278628\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=278628"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=278628"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=278628"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}