Adani Enterprises

1. QIP Upsized on Strong Demand: Adani Enterprises increased the size of its Qualified Institutional Placement (QIP) by 50% to ₹15,000 crore after institutional investors placed bids worth around ₹38,000 crore, nearly 3.8x the original issue size. 2. Funds to Drive Infrastructure Growth: The capital raised will be deployed toward expanding the company’s high-growth infrastructure businesses, including airports, roads, data centres, green hydrogen, along with other strategic projects. 3. Strong Institutional Confidence: The robust oversubscription highlights strong investor confidence in Adani Enterprises’ long-term growth strategy despite its large ongoing capital expenditure plans.