Adani Green En­ergy: Of­fer-for-sale opens

The Hindu Business Line - - MARKET RADAR -

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.

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