Abu Dhabi’s IHC Reaffirms Its Support To The Adani Group Amid Legal Challenges
28 Nov 2024 17:13 PM IST
In April 2022, IHC invested $500 million each in Adani Green Energy and Adani Transmission, along with $1 billion in Adani Enterprises. Although IHC later sold stakes in Adani Green Energy and Adani Transmission, it increased its holding in Adani Enterprises to over 5%, demonstrating continued confidence in the conglomerate's flagship entity.
