NEW DELHI: Indian billionaire Gautam Adani’s flagship firm seeks to raise about US$500mil through a share sale to institutions, marking a return to equity fundraising after a withering short-seller report in 2023.
Adani Enterprises Ltd offered about 14.2 million shares to large investors at an indicative price of 2,962 rupees or about US$35 apiece, according to terms of the deal seen by Bloomberg News.
