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Promoters raise $500 mn via Adani Green stake sale to QIA

Adani Green plans to raise up to ₹6,000 crore in share sale

Adani Green Energy Ltd is in talks with global fund managers to raise ₹5,000-6,000 crore, two people familiar with the plans said, as India’s largest renewables company revives its capex plans four months after the Hindenburg setback

Adani Green s promoter sells company s shares worth over Rs 1,840 cr

Adani Trading Services LLP, a promoterentity of Adani Green, on Wednesday sold 2 crore shares of Adani Green Energy Ltd worth over Rs 1,840 through open market transactions. According to the block deal data available with the BSE, Adani Trading Services had divested 2,00,96,000 scrips of the company in the price range of Rs 906 to 916.15. This translated into the total deal value of Rs 1,840.20 crore. In separate open market deals, the shares of Adani Green were purchased by Acme Trade and Investment Ltd. As per Adani Green s shareholding pattern data for the September 2020quarter, Adani Trading Services LLP held33.92 per cent stake in the company as a promoter.

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