{"id":589652,"date":"2023-07-07T10:51:29","date_gmt":"2023-07-07T05:21:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=589652"},"modified":"2023-07-07T11:58:19","modified_gmt":"2023-07-07T06:28:19","slug":"adani-green-looks-to-raise-rs-12300-crore-thorugh-qip","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-green-looks-to-raise-rs-12300-crore-thorugh-qip\/","title":{"rendered":"Adani Green looks to raise Rs 12,300 crore thorugh QIP"},"content":{"rendered":"<p>Mumbai: Adani Green Energy Limited (AGEL) announced that its board at a meeting held today approved raising up to Rs 12,300 crore through a qualified institutional placement (QIP) or any other permissible mode as per applicable laws. <\/p>\n<p>Shares of Adani Green Energy were up over 1% following the announcement. Earlier there were report stating that the Adani family, which is the promoter of the group, would continue to cut holdings in group companies. The group has recently sold stake n Adani firms to Raji Jains GQG partners. <\/p>\n<p>The fundraising proposal is subject to necessary approvals, including those from the company&#8217;s shareholders and other regulatory\/statutory bodies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Adani Green Energy Limited (AGEL) announced that its board at a meeting held today approved raising up to Rs 12,300 crore through a qualified institutional placement (QIP) or any other permissible mode as per applicable laws. Shares of Adani Green Energy were up over 1% following the announcement. Earlier there were report stating that the Adani family, which is the promoter of the group, would continue to cut holdings in group companies. The group has recently sold stake n Adani firms to Raji Jains GQG partners. The fundraising proposal is subject to necessary approvals, including those from the company&#8217;s [&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":[130,246,137],"tags":[],"class_list":["post-589652","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/589652","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=589652"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/589652\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=589652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=589652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=589652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}