Adani Enterprises approves Rs 10,000 crore QIP, unveils $11.5 billion aluminium JV with IHC in Odisha
Adani Enterprises board cleared a Rs 10,000 crore QIP at an indicative Rs 2,883 (9.27% discount, 2.6% post-issue equity) and announced a 50:50 JV with IHC Group for an $11.5 billion integrated aluminium project in Odisha. The parent also secured an 83.1 ESG score from Care, with combined capex flagged at Rs 66,000 crore plus Rs 44,000 crore and 53,500 jobs.
Adani Enterprises board approved a Rs 10,000 crore QIP and announced a 50:50 JV with IHC Group for an $11.5 billion integrated aluminium project in Odisha, plus received an 83.1 ESG rating from Care.