What to Watch: Adani Green Energy - OFS opens today

Updated - May 21, 2019 at 05:30 AM.

Two promoters of Adani Green Energy - Adani Tradeline LLP and Universal Trade and Investment - plan to sell 8.75 crore equity at ₹43 a share through an offer-for-sale. The OFS will open for subscription on Tuesday for non-retail investors and on Wednesday for retail investors. Adani Tradeline LLP and Universal Trade and Investment proposed to sell 7.57 crore and 1.178 crore shares respectively to meet the SEBI-mandated minimum public shareholding norm.

Published on May 21, 2019 00:00