Tag: Equity fundraising
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Adani Enterprises to Raise $2.8B via Rights Issue After Hindenburg Fallout
Adani Enterprises Announces Major Rights Issue After Market Turmoil Adani Enterprises has unveiled plans to raise 250 billion rupees (approximately $2.8 billion) through a rights issue, marking a renewed push for capital as the conglomerate seeks to move on from the stock market controversy that accompanied its previous equity fundraise. The move signals confidence in…
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Adani Enterprises Plans $2.8 Billion Rights Issue to Move Past Hindenburg Fallout
Adani Enterprises Announces Major Rights Issue Adani Enterprises, the flagship firm of the Adani group, has unveiled plans to raise 250 billion rupees (about $2.8 billion) through a rights issue. The move comes as the company seeks to move beyond the controversy sparked by its previous equity fundraising announcement and to bolster its financial position…
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Adani Enterprises Rights Issue: Plan to Raise $2.8B
Overview: Adani Enterprises announces a $2.8 billion rights issue Adani Enterprises said on Tuesday it plans to raise 250 billion rupees (about $2.8 billion) through a rights issue of shares. The move comes as the company tries to move past the stock-market turmoil and a blistering scrutiny sparked by a recent equity fundraising announcement. The…
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Sammaan Capital Shares Jump 25% in 6 Days: Key Triggers
Overview: Sammaan Capital’s Stock on a Six-Day Rally Sammaan Capital shares have continued their upward run, trading higher for a sixth consecutive session on October 1. The day closed with the stock up 4.8% at ₹168.55, marking a sustained jump of more than 25% over the past six trading days. Such a prolonged rally is…
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Sammaan Capital Shares Jump 25% in 6 Days: Here’s Why
Rally Continues: Sammaan Capital Shares Hit Fresh Highs Sammaan Capital’s stock extended its rally on October 1, with the scrip rising for the sixth straight session and closing at ₹168.55, up 4.8%. In just six trading days, the stock has gained more than 25%, marking the kind of velocity not seen since June 2024 when…