International Holding Company (IHC) of Abu Dhabi stated on Monday that it would invest $400 million through its subsidiary Green Transmission Investment Holding RSC Limited in Adani Enterprises’ 20,000 crore follow-on public offer (FPO).
As the business strives to diversify its portfolio, this is IHC’s first investment of the year.
Through its subsidiary Green Transmission Investment Holding RSC Ltd., IHC, which invested over $2 billion in Adani’s businesses last year, is making the investment in Adani Enterprises.
This news is written by Ms. Amrita Singh, Research Assistant, All India Legal Forum.
ALL INDIA LEGAL FORUM 