The announcement was made after market hours on Wednesday, 19 December 2012.
Meanwhile, the BSE Sensex was down 48.75 points or 0.25% at 19,427.25.
On BSE, 68,000 shares were traded in the counter as against average daily volume of 6.56 lakh shares in the past two weeks.
The stock hit a high of Rs 295 and a low of Rs 284.55 so far during the day.
The Offer for Sale (OFS) by the promoters constitutes 2.09% of Adani Enterprises' equity. The OFS will take place between 9:15 IST to 15:30 IST tomorrow, 21 December 2012. The floor price for the OFS will be announced after trading hours today, 20 December 2012. The total promoter shareholding in Adani Enterprises is currently at 79.95% (as per shareholding pattern as on 30 September 2012).
Adani Enterprises' consolidated net profit fell 42.1% to Rs 320.21 crore on 1.8% growth in net sales to Rs 10261.85 crore in Q2 September 2012 over Q2 September 2011.
Adani Enterprises is the flagship company of the Adani Group. The company is the largest private sector coal importer in India.
Powered by Capital Market - Live News
