🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Adani family plans to raise $3.6 bn via promoter share sales
Livemint
·
11m ago
Medial
The Adani family, owners of businesses ranging from airports to edible oil, is expected to raise up to $3.6 billion by selling part of its promoter holdings in Adani group companies over the next 12-18 months. This comes as a strategy to rebalance their wealth portfolio due to the sharp increase in Adani Group firm's share prices in the past year. The family's share-sale plan includes a 0.5-3% monetization of promoter stake, beginning with the sale of a stake worth ₹3,000-4,000 crore in Ambuja Cements Ltd. Other unlisted businesses may also see stake sales.
View Source
Related News
Saudi airline flynas launches IPO to raise up to $1.1 bn
VCCircle
·
2m ago
Medial
Saudi Arabian budget airline flynas, backed by Prince Alwaleed Bin Talal, aims to raise up to $1.1 billion via an IPO in Riyadh, selling a 30% stake at 76 to 80 riyals per share, valuing the company at up to $3.6 billion. The IPO, the first by a Gulf airline in nearly two decades, supports Saudi Arabia's tourism growth strategy, reducing oil dependency. Proceeds will support flynas's growth and shareholder distributions.
View Source
We’ll lift Zee stake to 26%; no plan to raise external funds: Subhash Chandra
Livemint
·
1y ago
Medial
Zee Entertainment, the Indian media giant, is facing pressure to remove its promoter family following a failed merger with Sony Pictures. Founder Subhash Chandra has voiced support for his son, Punit Goenka, as the right person to lead the company, and aims to increase the family's stake in Zee from 4% to 26%. Chandra stated that Zee is a profitable, zero-debt company and urged shareholders to be patient. He also revealed plans for the promoter family to raise their shareholding in Zee without raising external funds.
View Source
Adani Group to sell stake in joint venture to Wilmar for $1.4 bn
VCCircle
·
6m ago
Medial
The Adani Group plans to sell its stake in Adani Wilmar to joint venture partner Wilmar International for $1.44 billion, aiming to focus more on infrastructure projects. Adani Enterprises will divest a 13% stake to meet India's minimum public shareholding requirements. Wilmar will acquire Adani's remaining 31% stake at a maximum price of 305 rupees per share. Proceeds will support growth in core infrastructure sectors, subject to regulatory approvals.
View Source
Whirlpool promoter entity plans to sell up to 24% stake worth $451 million
Money Control
·
1y ago
Medial
Whirpool Mauritius Ltd, a promoter entity of Whirpool of India, plans to sell up to 24 percent of the local unit via a block deal for $451 million. The promoter group, currently owning
View Source
Adani Enterprises’ $1.3 billion stake sale expected to start early next week: Report | Mint
Livemint
·
9m ago
Medial
- Adani Enterprises is planning to launch a share sale as early as next week, aiming to raise about $1.3 billion through a qualified institutional placement. - The share sale will mark Adani Enterprises' return to public equity markets following a scathing short-seller report in 2023. - The company received board approval in May to raise up to $2 billion through various methods, including a share sale to institutions. - Adani Enterprises' successful share sale will serve as a vote of investor confidence for the conglomerate. - ICICI Securities, Jefferies Financial Group, and SBI Capital Markets are assisting Adani Enterprises with the share sale. - Adani Enterprises' shares have risen 12% this year, but are still about 7% below pre-short-seller report levels.
View Source
Abu Dhabi, Qatar wealth funds back Adani Energy's share sale of up to $1 bn
VCCircle
·
11m ago
Medial
Abu Dhabi Investment Authority and Qatar Investment Authority have reportedly invested in Adani Energy Solutions' share sale in India, supporting the company with up to $1 billion. This marks Adani Group's first equity fundraising since a previous $2.5 billion share sale was cancelled due to accusations of offshore tax havens and stock manipulation. The recent investment is expected to aid Adani in recovering from the sell-off that occurred after the accusations were made. The share sale by Adani Energy, the power transmission and distribution company, raised funds through a Qualified Institutional Placement.
View Source
Adani Group to nearly double FY25 capex at ₹1.3 trillion
Livemint
·
1y ago
Medial
Indian conglomerate Adani Group plans to increase its capital expenditure to INR 1.3 trillion ($17.4 billion) in FY25, nearly doubling the previous year's spending. The group aims to fund this expansion through a combination of debt and equity, including internal accruals and promoter capital. The majority of the investment will be allocated to infrastructure and utilities, particularly in the renewable energy sector. Adani is also planning to raise between $2.5 billion and $3 billion from selling shares in its group companies this fiscal year. This move comes as the Indian government encourages private sector participation in capital expenditure to support economic growth.
View Source
Adani Group to raise up to $500 mn from European funds in energy push
Livemint
·
1y ago
Medial
Adani Green Energy is in the final stages of raising $400-500 million from two European funds. The company, owned by billionaire Gautam Adani's family, plans to sell new shares to raise the funds, which will be used to build new solar, wind, and hybrid power projects in India. Adani Green currently has an operational capacity of 11 GW and aims to expand its capacity to over 20 GW. If the deal goes through, it will be the first time Adani Green raises a significant amount of capital from global funds.
View Source
Adani Enterprises in talks with Gulf-based sovereign funds to raise $2 billion through QIP: Report | Mint
Livemint
·
9m ago
Medial
- Adani Enterprises is in discussions to raise $2 billion through a qualified institutional placement (QIP) with investors including ADIA, QIA, and GQG. - The institutional share sale is expected to be launched by the end of October. - The funds raised through the QIP will be used for capital expenditure and to repay debt of the company and its subsidiaries. - Adani Energy Solutions raised nearly $1 billion through QIP, with participation from GQG, Blackrock, Nomura, ADIA, QIA, and domestic mutual funds. - Adani Group plans to raise ₹30,000-₹40,000 crore from retail investors through non-convertible debentures (NCD) to diversify funding sources.
View Source
Adani Green to raise $1.12 bn to expand renewable energy capacity
VCCircle
·
1y ago
Medial
Adani Green Energy, an Indian renewable energy company, will receive a $1.12 billion investment from its key shareholders to expand its renewable power capacity. The company plans to issue 63.1 million warrants on a preferential basis, with each warrant convertible into an equity share. The funds will be used to reduce debts and accelerate investment in various projects. Adani Green aims to achieve its target of 45 GW renewable capacity by 2030, up from the current 8.4 GW. The company has already raised $3 billion for its renewable capacity.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in