{"id":581117,"date":"2023-06-01T11:02:12","date_gmt":"2023-06-01T05:32:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=581117"},"modified":"2023-06-01T12:37:22","modified_gmt":"2023-06-01T07:07:22","slug":"adani-to-raise-3-5-bn-from-share-sale-in-three-group-cos-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-to-raise-3-5-bn-from-share-sale-in-three-group-cos-2\/","title":{"rendered":"Adani to raise $3.5 bn from share sale in three group cos"},"content":{"rendered":"<p>Billionaire Gautam Adani&#8217;s conglomerate is looking to raise about $3 billion through an equity share sale to institutional investors in the boldest comeback strategy after the ports-to-energy group was hit by a damning report of a US short seller.<\/p>\n<p>While boards of Adani Enterprises Ltd &#8211; the group&#8217;s flagship firm &#8211; and electricity transmission company Adani Transmission Ltd have already approved raising up to Rs 21,000 crore (over $2.5 billion) through share sales to qualified institutional investors, the board of Adani Green Energy Ltd is likely to do so for raising up to $1 billion in the next couple of weeks, sources aware of the matter said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Gautam Adani&#8217;s conglomerate is looking to raise about $3 billion through an equity share sale to institutional investors in the boldest comeback strategy after the ports-to-energy group was hit by a damning report of a US short seller. While boards of Adani Enterprises Ltd &#8211; the group&#8217;s flagship firm &#8211; and electricity transmission company Adani Transmission Ltd have already approved raising up to Rs 21,000 crore (over $2.5 billion) through share sales to qualified institutional investors, the board of Adani Green Energy Ltd is likely to do so for raising up to $1 billion in the next couple of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-581117","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/581117","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=581117"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/581117\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=581117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=581117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=581117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}