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The company is planning to raise funds through various permissible modes, such as private placement, qualified institutions placement, preferential issue, or other methods as permitted by applicable laws, subject to necessary regulatory approvals.
Adani Enterprises is the flagship company of Adani Group, one of India's largest business organisations. Over the years, Adani Enterprises has focused on building emerging infrastructure businesses. The next generation of its strategic business investments are centered around green hydrogen ecosystem, airport management, roads, data center and water infrastructure.
On a consolidated basis, Adani Enterprises reported a 137.41% increase in net profit to Rs 722.48 crore in Q4 FY23 over Q4 FY22, while revenue from operations grew by 26.06% to Rs 31,346.05 crore.
Shares of Adani Enterprises fell 0.16% to Rs 1892.10 on Wednesday, 10 May 2023.
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