VIDEO: Who invested in billionaire Adani's share sale amidst stock rout?

$An Adani Enterprises Limited board of director arrives to attend a news conference to announce the company\\'s forthcoming Follow-on Public Offering (FPO), in Mumbai on January 19, 2023. - Indian industrialist Gautam Adani on January 19 launched the country\\'s biggest follow-on share sale, offering investors incentives and discounts in a bid to lower debt and fuel rapid expansion at his conglomerate. (Photo by Punit PARANJPE / AFP)$

An Adani Enterprises Limited board of director arrives to attend a news conference to announce the company's forthcoming Follow-on Public Offering (FPO), in Mumbai on January 19, 2023. - Indian industrialist Gautam Adani on January 19 launched the country's biggest follow-on share sale, offering investors incentives and discounts in a bid to lower debt and fuel rapid expansion at his conglomerate. (Photo by Punit PARANJPE / AFP)

Indian tycoon Gautam Adani has pulled off a $2.5bln share sale

Staff Writer, ZAWYA

February 1, 2023

PHOTO
An Adani Enterprises Limited board of director arrives to attend a news conference to announce the company's forthcoming Follow-on Public Offering (FPO), in Mumbai on January 19, 2023. - Indian industrialist Gautam Adani on January 19 launched the country's biggest follow-on share sale, offering investors incentives and discounts in a bid to lower debt and fuel rapid expansion at his conglomerate. (Photo by Punit PARANJPE / AFP)

FIIs and corporates poured funds into Adani Enterprises despite a $65bln rout in the billionaire's stocks sparked by a short-seller's report. Watch the Zawya video here.

Disclaimer: This article is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Read our full disclaimer policy here.

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