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Adani Green Energy: Offer-for-sale opens

| Updated on June 11, 2019 Published on June 11, 2019

 

Adani Green Energy’s offer-for-sale (OFS) by Gautam S Adani and Priti G Adani (on behalf of Gautam S Adani Family Trust and SB Adani Family Trust) opens on Wednesday (for non-retail investors) and on Thursday (for retail investors).

They plan to sell 9.35 crore shares through the OFS and the floor price has been fixed at ₹43. The move would help the promoters meet the minimum public shareholding norm.

Currently, they hold 86.50 per cent stake in the company.

Published on June 11, 2019
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