Adani New Industries Limited raises trade finance facility of USD 394 mn from Barclays, Deutsche Bank

Adani New Industries Limited (ANIL) ecosystem today raised trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one of the largest integrated green hydrogen businesses, including solar modules and wind turbine manufacturing.

Shares of Adani Enterprises Limited was last trading in BSE at Rs. 2429.25 as compared to the previous close of Rs. 2469.10. The total number of shares traded during the day was 137670 in over 6257 trades.

The stock hit an intraday high of Rs. 2486.00 and intraday low of 2415.45. The net turnover during the day was Rs. 337830913.00.

Source : Equity Bulls

Keywords

AdaniEnterprises INE423A01024 AdaniNewIndustries FundRaising