Explained: Why Adani Group called off flagship company’s FPO
Adani Group called off the Rs 20,000 crore follow-on public offering (FPO) of its flagship firm on Wednesday, just a day after it was fully subscribed. It came as a surprise to the stock market and the investor community as such moves are rarely seen. The Gautam Adani-owned conglomerate came out with a statement,…
