Adani Energy To Acquire IntelliSmart For ₹3,050 Crore In Major Smart Meter Push
Why Is Adani Energy Buying IntelliSmart? Adani Energy Solutions Ltd (AESL) has signed a definitive agreement to acquire IntelliSmart Infrastructure, one of India’s leading smart metering companies, in a deal valued at ₹3,050 crore. The acquisition marks one of the largest transactions in India’s rapidly expanding smart metering sector and significantly strengthens Adani Energy’s position […]
SBI Mutual Fund Buys Stakes In Two Adani Group Firms Worth ₹5,747 Crore
Why Has SBI Mutual Fund Increased Its Exposure To Adani Group Companies? SBI Mutual Fund has further strengthened its position in Adani Group companies by acquiring stakes in Adani Enterprises and Adani Energy Solutions through open market transactions worth ₹5,747 crore. The purchases were made on Friday from US-based investment firm GQG Partners, one of […]