GulfHindi English Desk: Adani Group, one of India’s largest business conglomerates, has raised a significant amount of investment from global investors over the past four years. Key names among the investors include Qatar Investment Authority (QIA) and GQG Partners.
Various listed companies under the Adani Group have successfully attracted global investors. Adani Ports and Special Economic Zone Limited (APSEZ), Adani Green Energy Limited, Adani Transmission Limited, Adani Total Gas Limited, and Adani Enterprises Limited have been particularly attractive to investors.
Recently, the Adani family raised $1.38 billion by selling stakes in Adani Enterprises Limited, Adani Green, and Adani Transmission. The main objective of this move was to ensure high liquidity for portfolio companies in the next 12-18 months.
However, the Adani Group has faced setbacks from Hindenburg, an American short-selling firm, which accused the group of accounting irregularities and overvalued shares at the beginning of this year. The group is now striving to recover from this decline.
The table provides a list of global investors who have invested in Adani Group companies, as well as the companies in which the Adani family has sold stakes.
en.gulfhindi.com News Summary
👉Adani Group has raised a significant amount of money from global investors in the past four years.
👉Major investors include Qatar Investment Authority (QIA) and GQG Partners.
👉Adani Group’s listed companies, such as Adani Ports and Special Economic Zone Limited (APSEZ), Adani Green Energy Limited, Adani Transmission Limited, Adani Total Gas Limited, and Adani Enterprises Limited, have successfully attracted global investors.
👉The recent sale of shares in Adani Enterprises Limited, Adani Green, and Adani Transmission has raised $1.38 billion.
👉The main objective of this sale was to ensure the availability of high capital for portfolio companies in the next 12-18 months.
👉Adani Group has faced challenges from Hindenburg, an American short-selling firm, accusing them of accounting fraud and overvalued shares.
👉Adani Group is now striving to recover from this setback.
👉The table shows the global investors who have invested in Adani Group and the companies in which they have invested.
👉Another table shows the companies in which Adani Group has sold shares.
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