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| Name | Gautam Adani Address To Shareholders On The Occasion Of Adani Enterprises AGM |
| Video Uploader | Video From Business Today |
| Upload Date | This Video Uploaded At 24-06-2024 05:30:33 |
| Video Discription | #adanigroup #adanienterprisesshareprice #shareholder #raisingfunds #gautamadani Adani Enterprises will be raising funds for the first time after the Hindenburg controversy. The board of the Gautam Adani-run company approved a ₹16,000-cr fund-raise via qualified institutional placement (QIP) in the last week of May and the proposal is set to get shareholder approval in the company’s Annual General Meet (AGM). Adani Enterprises had received board approval to raise ₹12,500 crore through a QIP in May 2023, but chose not to proceed with the fundraising at that time. The stock has now recovered all the losses incurred during last year's Hindenburg crisis, which had led the company to cancel its ₹20,000 crore follow-on public offer (FPO). Adani Enterprises announced a consolidated net profit of ₹451 crore for Q4 FY24, a 38% decline compared to the ₹722 crore profit reported during the same quarter of the previous year. ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook: https://www.facebook.com/BusinessToday twitter: https://twitter.com/business_today Instagram: https://www.instagram.com/business_today/ |
| Category | News & Politics |
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