ALPHA TRIBE

Adani Enterprises LimitedOthers, 30-01-2025: Utilisation of Funds

30-01-2025 | 02:36 pm

Adani Enterprises Limited has completed a Qualified Institutional Placement, issuing 1,41,79,608 equity shares at ₹2,962 each, raising a total of ₹4,200 crore. Consequently, the paid-up equity share capital increased from ₹114 crore to ₹115.42 crore. The company recorded total income of ₹72,763.44 crore for the nine months ended December 31, 2024, alongside a profit after tax of ₹4,003.05 crore. The Board also discussed the use of proceeds from non-convertible securities, confirming no deviations in their allocation.

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