Adani Green Energy gets shareholders’ nod to raise Rs 5K cr


Adani Green Energy gets shareholders’ nod to raise Rs 5K cr

Adani Green Energy has got shareholders approval to raise funds up to Rs 5,000 crore by issuance of equity shares, GDR, ADR or debentures in its annual general meeting held yesterday.

The proposed resolution sought the enabling authorisation of the members to the Board of Directors to raise funds to the extent of Rs 5,000 crores in any one or more currencies, in one or more tranches by issuance of equity shares or any instruments or securities or convertible preference shares or convertible debentures or non-convertible debentures was passed by requisite majority at the AGM, the company stated in a BSE filing. Read More

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