Adani's New Master plan to reduce debt

Adani Enterprises to raise funds in tune of Rs 20000 cr via Further public issue.

Again public money is going to help Adani to become world's 1st richest man.

Why Adani raising funds now ?

We can't see a single negative news about Adani group of companies except their Massive DEBT.

Adani's big investors advised them to reduce debt to an acceptable level for reducing the risk of their investment.

For this purpose i.e to reduce their DEBT, Adani group is going to raise Rs 20000 Cr via Further public offer ( FPO)

For those who don't know Why FPO Why not loan / debenture ?

For loan or debentures we need to pay interest. During this time ( recession) it is costly.

But if you issue public offer -

1) No interest payment

2) No compulsion to pay dividend too.

As Adani group is having good time now , they are planning to raise funds.

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