28 July 2026 at 11:30 pm
Summary
Adani Energy Solutions' Rs 3,500 crore Qualified Institutional Placement (QIP) was oversubscribed 3.1 times, attracting bids exceeding Rs 10,800 crore from various investors including FIIs, mutual funds, and Premji Invest. The QIP was priced at Rs 1,615 per share, with proceeds earmarked for capital expenditure, debt repayment, acquisitions, and general corporate purposes.
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