Adani Family's $3.6 Bn Strategic Stake Sale

Published On: August 28, 2024 - In a major strategic move, the Adani family plans to raise up to $3.6 billion by divesting portions of their promoter stakes across Adani Group companies over the next 12-18 months. This marks the largest fundraising effort by the family, following a sharp rise in Adani Group's share prices. Discover how this sale aligns with their strategic rebalancing and what it means for investors, including the upcoming public issue of non-convertible debentures (NCDs) by Adani Enterprises. Stay tuned for all the key details and implications for the market and the future of Adani Group's investments.