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Adani Energy Solutions' Board Approves Raising ₹4,300 Cr ( ~ $502 Mn)

Summary by IndianWeb2.com
Adani Energy Solutions' board has approved raising ₹4,300 crore ($502 million) through Qualified Institutional Placement (QIP) or other modes, in one or more franches, said an exchange filing, as reported by Bloomberg.This move is part of the company’s broader strategy to strengthen its financial position and support ongoing infrastructure projects.The company has been steadily regaining investor confidence, with Fitch Ratings recently removing …
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larepublica.co broke the news in Bogotá, Colombia on Saturday, May 31, 2025.
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