Adani Enterprises calls off ₹ 20,000 crore FPO, to return money to investors
Shortpedia
Content Team
Image Credit: FPI
Adani enterprises has decided to not proceed with the FPO of shares worth Rs 20,000 Crore. Board of Directors of the Company at its meeting held today decided in the interest of its subscribers, not to proceed with the FPO of equity shares aggregating up to Rs 20,000 Cr of face value Rs 1 each on partly paid-up basis, which was fully subscribed.
