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Emirates News Agency - ADNOC Gas announces final offer price, record demand for IPO upon conclusion of bookbuilding

ABU DHABI, 3rd March, 2023 (WAM) -- ADNOC Gas today announced the final offer price for the shares offered by Abu Dhabi National Oil Company (ADNOC or the Selling Shareholder) in connection with ADNOC Gas’s initial public offering (IPO or Offering) and listing on the ADX, following the successful conclusion of the bookbuild and public subscription process. The final offer price for the shares in ADNOC Gas offered by ADNOC via the Offering has been set at AED2.37 per share, implying a market ca...
Abu Dhabi Commercial Bank United Arab Emirates Abu Dhabi Abuz Aby Khaled Al Zaabi Al Maryah Community Bank
Source: wam.ae

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Capital infusion of ₹ 4,000 cr into Tata Power Renewable Energy Ltd gets completed

Tata Power Renewable Energy Limited (TPREL), integrated renewable energy companies and a subsidiary of The Tata Power, has received the second and final round of investment of ₹ 2,000 crore from GreenForest New Energies Bidco Limited, the company said via an exchange filing. The company has also successfully allotted 20,00,00,000 Compulsorily Convertible Preference Shares at face value of ₹ 100
Praveer Sinha Mubadala Investment Company Tata Power Renewable Energy Limited Greenforest New Energies Bidco Tata Power Greenforest New Energies Bidco Limited

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