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India

Adani Transmission Ltd (ADAI.NS)

ADAI.NS on National Stock Exchange of India

268.10INR
3:59pm IST
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Rs-1.10 (-0.41%)
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Volume
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Rs304.90
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Latest Key Developments (Source: Significant Developments)

India's Adani Transmission June-Qtr Consol Net Profit Rises
Thursday, 8 Aug 2019 

Aug 8 (Reuters) - Adani Transmission Ltd ::JUNE QUARTER CONSOL NET PROFIT 2.13 BILLION RUPEES VERSUS 1.69 BILLION RUPEES YEAR AGO.JUNE QUARTER CONSOL TOTAL INCOME 28.90 BILLION RUPEES VERSUS 6.95 BILLION RUPEES YEAR AGO.  Full Article

Reliance Infrastructure To Consider Transfer Of A Business To Adani Transmission
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Adani Transmission Ltd ::RELIANCE INFRASTRUCTURE LTD - TO CONSIDER TRANSFER OF INTEGRATED MUMBAI POWER BUSINESS TO ADANI TRANSMISSION LIMITED.  Full Article

India's Adani Transmission June-Qtr Consol Profit Rises
Tuesday, 7 Aug 2018 

Aug 7 (Reuters) - Adani Transmission Ltd ::JUNE QUARTER CONSOL PROFIT 1.69 BILLION RUPEES VERSUS 841 MILLION RUPEES YEAR AGO.JUNE QUARTER CONSOL TOTAL INCOME 6.95 BILLION RUPEES VERSUS 6.19 BILLION RUPEES YEAR AGO.SAYS ACQUISITION OF GTD BUSINESS FROM R INFRA IS PROGRESSING AND CO HOPES TO CLOSE DEAL IN Q2.  Full Article

Reliance Infra Gets Maharashtra Electricity Regulatory Commission Nod for Sale Of Integrated Mumbai Power Business
Thursday, 28 Jun 2018 

June 28 (Reuters) - Reliance Infrastructure Ltd ::MAHARASHTRA ELECTRICITY REGULATORY COMMISSION APPROVES SALE OF CO'S INTEGRATED MUMBAI POWER BUSINESS TO ADANI TRANSMISSION.SAYS TOTAL CONSIDERATION VALUE ESTIMATED AT 188 BILLION RUPEES.TRANSACTION EXPECTED TO CLOSE IN JULY 2018.GOING FORWARD, CO WILL FOCUS ON UPCOMING OPPORTUNITIES IN ASSET LIGHT EPC AND DEFENCE BUSINESSES.CO WILL UTILIZE PROCEEDS OF TRANSACTION ENTIRELY TO REDUCE ITS DEBT, BECOMING DEBT FREE, UP TO 30 BILLION RUPEES CASH SURPLUS.  Full Article

Reliance Infrastructure to Sell Integrated Mumbai Power Business​ To Adani Transmission
Thursday, 21 Dec 2017 

Dec 21 (Reuters) - Reliance Infrastructure Ltd ::SIGNS DEFINITIVE BINDING AGREEMENT WITH ADANI TRANSMISSION LTD FOR 100% SALE OF ITS INTEGRATED MUMBAI POWER BUSINESS​.SAYS TOTAL DEAL VALUE IS 132.51 BILLION RUPEES.SAYS TOTAL CONSIDERATION VALUE ESTIMATED AT 188 BILLION RUPEES.PROCEEDS FROM DEAL TO BE UTILISED ENTIRELY FOR DEBT REDUCTION.SAYS CO WILL BECOME DEBT FREE AND UP TO 30 BILLION RUPEES CASH SURPLUS WITH THIS TRANSACTION.  Full Article