Section

Adani Enterprises cancels demerger of stake in Adani Wilmar till it meets public float rules

By Livemint - 4 days ago
Adani Enterprises has reversed its decision to spin off Adani Wilmar's shareholding, requiring the FMCG unit to meet public shareholding norms first. The board also approved raising ₹2,000 crore through non-convertible debentures, amid a surge in profits driven by emerging businesses.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.