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Adani Energy launches QIP, sets floor price at Rs 1,698 per share

Posted on July 27, 2026
By Business News Today
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Adani Energy launches QIP, sets floor price at Rs 1,698 per share

Adani Energy Solutions launched its Rs 10,000 crore qualified institutional placement, fixing a floor price of Rs 1,698.15 per share. The fundraise targets institutional investors, with the stock gaining over 63% in 2026 and 109% over the past year.