Adani Green Energy: Offer-for-sale opens
Adani Green Energy’s offer-forsale (OFS) by Gautam S Adani and Priti G Adani (on behalf of Gautam S Adani Family Trust and SB Adani Family Trust) opens on Wednesday (for nonretail investors) and on Thursday (for retail investors). They plan to sell 9.35 crore shares through the OFS and the floor price has been fixed at ₹43. The move would help the promoters meet the minimum public shareholding norm. Currently, they hold 86.50 per cent stake in the company.