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Adani hikes stake in flagship...

NEW DELHI: Billionaire Gautam Adani-led promoter...

Adani hikes stake in flagship firm

NEW DELHI: 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...

Karl Jörg - August 21, 2023

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Adani hikes stake...

NEW DELHI: 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...

Karl Jörg - August 21, 2023

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