Adani Enterprises Share Sale Is Fully Subscribed on Final Day

The transcript discusses a half-billion dollar share sale by Adani's flagship company, which was fully subscribed despite fraud allegations by Hindenburg Research. These allegations significantly impacted Adani's wealth and company value. However, investor confidence was bolstered by a $400 million investment from IHC. The FPO saw participation from high-profile investors and Indian corporates, though retail investment was limited. The share sale concluded successfully, but the saga is not over, and future developments are awaited.

What was the total amount raised in the share sale by Adani Group?

What allegations were made against Asia's richest man that affected his empire?

What impact did the allegations have on the Adani conglomerate's value?

How much did IHC invest into the follow-on offer?

What is the current status of the share sale after the final day?