Sunday, July 21, 2024



Adani Group canceled its 20,000 crore FPO, but what is an FPO: Here are the details

Calling it a morally correct step, Gautam Adani said in a statement that the board took the decision to withdraw the FPO considering the volatility of the market.

Adani Enterprises not to go ahead with its FPO of shares worth 20,000 crore, to return money to investors

Gautam Adani, Chairman, Adani Enterprises Ltd referred to the volatility in the stock over the last week and said the interest of the investors is paramount and to insulate them from any potential financial losses, the Board has decided not to go ahead with the FPO.

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