Page 5 - Adani Enterprises Ltd

No major event that needs disclosure: Adani Enterprises after Wilmar report

The report, citing people familiar with the matter, had said billionaire Gautam Adani and his family may retain a minority stake following a stake sale in its $6 billion consumer staple joint venture

Adani Enterprises gains 3% as promoter firm buys 2% stake via open market

Founder firm Kempas Trade and Investment bought 25.3 million shares or 2.22 per cent stake in the company from the open market between Aug 7 to Aug 18.

Adani-led promoter group hikes stake in flagship firm AEL to 69.87%

Billionaire Gautam Adani-led promoter group has increased its stake in the group's flagship firm as the ports-to-energy conglomerate continues to recover from the effects of a report by US short-seller Hindenburg Research. Promoter group has increased stake in Adani Enterprises Ltd from 67.65 per cent to 69.87 per cent, according to a stock exchange filing. Promoter group firm Kempas Trade and Investment Ltd, which had a minimal stake in the firm, acquired 2.22 per cent in the open market between August 7 and August 18, it said. The stake increase comes at a time when US-based boutique investment firm GQG Partners has been buying shares in Adani group firms. GQG has increased its stake in Adani Ports & Special Economic Zone (APSEZ) to 5.03 per cent last month by way of a bulk deal, stock exchange filings showed. GQG now has a stake in five of the 10 Adani Group firms. On August 16, it bought a 7.73 per cent stake in Adani Power Ltd. Promoter group firms Worldwide Emerging Market .

Adani Group shares in demand; Adani Power, Energy Solutions surge up to 12%

According to reports, Abu Dhabi National Energy PJSC (TAQA) is looking to double down in India and evaluating a large exposure in the expansive power businesses of Gautam Adani.

Adani Group shares under pressure; Adani Ports, AEL slip up to 5%

Securities and Exchange Board of India is set to submit to the Supreme Court its report on the allegations made by US-based Hindenburg Research against the Adani Group.

Adani prepared to go solo with $50 billion green hydrogen project

Earlier this year, French company Total Energies was reported to put plans to partner with the company in the venture on hold

Adani Enterprises denies reports of exiting $6 billion venture with Wilmar

Earlier this week, Bloomberg reported that Adani Enterprises is exploring selling its stake in its consumer-staple joint venture with Wilmar International

Adani Ent Q1FY24 result: Consolidated net profit up 43% to Rs 673 crore

The revenue from operations for Q1FY24 came in at Rs 25,438.45 crore, compared to Rs 40,844.25 crore year-on-year

Adani Group planning world's largest, 20 GW hybrid energy plant in Gujarat

The company intends to build the facility faster than any project in its execution history, Gautam Adani said

Bain Capital most likely to acquire majority stake in Adani Capital

The development is a result of Adani group's head Gautam Adani's decision to exit from non-core businesses and use this capital for his core ventures

GQG Partners ups stake in two Adani cos to above 5%, shows confidence

US-based boutique investment firm GQG Partners has ramped up its shareholding in two Adani group companies to more than 5 per cent in signs of its confidence in the group despite the damning report of a US short seller. On June 28, GQG bought USD 1 billion (Rs 8,265 crore) worth of additional stakes in the group's flagship Adani Enterprises Ltd and renewable energy firm Adani Green Energy Ltd. The stake sale in Adani Enterprise was through one block deal, where GQG bought 1.79 crore, or 1.58 per cent, more shares to take its holding to 6.15 crore shares or 5.4 per cent of the total, according to stock exchange filings. A separate filing showed that billionaire Gautam Adani and his brother Rajesh S Adani had sold the shares of the promoter family. This has reduced the Adani family's stake in Adani Enterprises to 67.65 per cent from 69.23 per cent previously. In Adani Green Energy, GQQ bought 4.47 crore or 2.82 per cent additional shares to take its holding to 10.35 crore shares or 6

GQG Partners invests $1 billion to buy additional stake in AEL, AGEL

Firm had invested $ 2.3 bn in group cos in March; flagship AEL gains over 5%, AGEL ends flat

Adani Enterprises, Green see $900 mn of block trades, sparks speculation

The flagship of Indian billionaire Gautam Adani saw 18 million shares traded in a single block Wednesday, or about 1.6% of its outstanding stock, according to data compiled by Bloomberg

Promoter entities raise $1 bn by selling shares in Adani Green Energy, AEL

The proceeds will be used by the promoters to pre-pay debt, banking sources said

AdaniConneX raises $213 mn for setting up 2 data centres in Chennai, Noida

Joint venture says Indian and international banks have committed financing for the project

Adani Group shares tumble up to 6% amid reports of US regulatory scrutiny

The US Attorney's Office in Brooklyn, New York, has sent inquiries in recent months to institutional investors with large holdings in the India conglomerate, report.

Adani Green Energy to seek board approval to raise up to $1 billion

On May 13, two Adani Group companies, Adani Enterprises and Adani Transmission, received the approval of the board to raise Rs 12,500 crore and Rs 8,500 crore, respectively

5 Adani Group stks freeze at 5% upper limit; AWL, Adani Ent surge up to 8%

Shares of Adani Group companies were in demand for the second straight trading day after the SC-appointed panel said that it not possible to conclude that there was a regulatory failure at this stage.

Adani Group shares trade weak in a firm market; decline up to 5%

In past two days, stock price of Adani Transmission and Adani Total Gas dipped 7 per cent and 9 per cent, respectively, after Global index provider MSCI dropped these stocks from its India index.

Street Signs: Adani Group shares, Exchange-traded funds surface, and more

Over the weekend, Adani Enterprises and Adani Transmission announced plans of raising Rs 12,500 crore and Rs 8,500 crore, respectively, through the qualified institutional placement route