India Billionaire Gaulam Anani Jaipur 51st Gems and Jewellery, Jaipur, India, 3024 November 30.
Stresker | Reuters
Adani Enterprises Plans to raise 250 billion rupees ($2.8 billion) were announced on Tuesday as it seeks to fend off controversy over stock rights issues that fueled its last announcement of explosions.
Adani Enterprises, which serves as Adani Group’s flagship company and internal business incubator, raised Rs 210 billion in 2023, but Funds were returned to investors After a US-based short seller, indivenburg studies accused the group corporate governance issues and stock price manipulation.
The claims made in the Edinburgh report led to a sharp correction in the stock prices of ADANI Group companies, many of which have recovered.
From time to time, ADANI Group reports “selective disinformation” called Hindenburg “Selective disinformation” which has always been in accordance with all laws. »
On September 18 this year, market regulator Securities and Exchange Board of India said its probe had not found any regulatory violations by Adani Group companies and denied the allegations Made by a US short seller.
The proceeds from the company’s recent rights issue will be used to strengthen the company’s balance sheet and support its incubation activities, the company said In output on tuesday.
Among the incubators is Anani’s data center division, which Development plans have recently been announced India’s largest AI data center campus and new green energy infrastructure in Viskapatnam, Andhra Pradesh, partnership Goont.
Shares of ADAAI Enterprises were up 2.7% on Tuesday.