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
This article is closed for comments.
Please Email the Editor