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Adani To Use Rs 20,000 Crore Share Sale Proceeds For Capital Expenditure

Adani Enterprises has made acquisitions worth $13.8 billion in 2022, as per Dealogic data. (File)
Adani Enterprises has made acquisitions worth $13.8 billion in 2022, as per Dealogic data. (File)
Adani Enterprises will use the proceeds of the 200 billion rupees ($2.46 billion) follow-on public offering (FPO), beginning on Jan. 27, for capital expenditure requirements and pay off some debt of its units.
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