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Ardour warrant conversion

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Adani Green shared 38 lakh equity to promoter group unit Edor

Admin3 months ago02 mins

New Delhi: Adani Green Energy Ltd. has allocated 37.98 lakh equity shares to its promoter group unit Erdor after converting the same number of warrants. The company has given this information. These warrants, originally released on January 25, 2024, were part of the preferred allotment of 6.31 crore convertible warrants, which cost Rs 1,480.75 per…

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Adani Green Energy given 44.9 lakh shares on warrant conversion to Ardour, Rs 500 crore will be invested

Admin3 months ago02 mins

New Delhi: Adani Green Energy Ltd., the company of Adani Group, said that her promoter entity Erdor (Ardor) has converted a warrant of Rs 500 crore into equity shares at a price of Rs 1,480.75 per share. This conversion has been at a premium of Rs 921 to 60.7% from the current market price. Conversion…

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