Market

Adani Group says FPO to continue as planned; rules out changes in price, dates of FPO


Adani Group says FPO to continue as planned; rules out changes in price, dates of FPO – The Economic Times Video | ET Now

Billionaire Gautam Adani’s group on Saturday ruled out any changes in price or the dates of the Rs 20,000 crore follow-on share sale at the conglomerate’s flagship firm despite its stocks being hammered below the offer price after a scathing report by a US short seller. “Adani Enterprises Limited’s further public offer (FPO) is going as per schedule and the announced price band. There is no change in either the schedule of the issue price,” a group spokesperson said.



READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.