Adani Transmission Limited, a group company of the Adani Group, has been transferred by its shareholders to Green Transmission Investment Holdings RSC Ltd., on a preferential basis, of 1.56 crore shares valued at approximately Rs 3,850 crore. issuance has been approved. Currently, IHC Capital Holdings LLC Green Transmission Investment Holdings RSC Ltd. is the major shareholder.
Adani Transmission Limited said in the information given to the stock exchange that in the Extraordinary General Meeting on Tuesday, the shareholders on a preferential basis, Green Transmission Investment Holdings RSC Ltd. approved the issue of shares.
The company said in a separate information that it has decided to issue 1,56,82,600 equity shares of face value of Rs 10 on a preferential basis to Green Transmission Investment Holdings RSC Ltd. Share agreement was entered with on Monday.
A total of 1,56,82,600 equity shares were issued at Rs 2,454.95 per share. Thus, a total of Rs 3,850 crore shares will be issued.