Edition:
United States

Adani Transmission Ltd (ADAI.NS)

ADAI.NS on National Stock Exchange of India

123.75INR
5:59am EDT
Change (% chg)

Rs-1.55 (-1.24%)
Prev Close
Rs125.30
Open
Rs125.40
Day's High
Rs127.00
Day's Low
Rs122.10
Volume
653,579
Avg. Vol
1,646,631
52-wk High
Rs254.20
52-wk Low
Rs100.75

Latest Key Developments (Source: Significant Developments)

India's Adani Transmission March-qtr Consol Profit Rises
Thursday, 10 May 2018 04:47am EDT 

May 10 (Reuters) - Adani Transmission Ltd ::MARCH QUARTER CONSOL NET PROFIT 1.50 BILLION RUPEES VERSUS PROFIT 949 MILLION RUPEES YEAR AGO.SAYS CO APPROVED APPOINTMENT OF ANIL SARDANA AS MD, CEO.MARCH QUARTER CONSOL TOTAL INCOME 8.78 BILLION RUPEES VERSUS 8.40 BILLION RUPEES YEAR AGO.SAYS RECOMMENDED TO ISSUE NCDS ON PRIVATE PLACEMENT BASIS.SAYS CO RECOMMENDED RAISING FUNDS BY ISSUE OF SHARES/CONVERTIBLE BONDS FOR UP TO 50 BILLION RUPEES.  Full Article

Reliance Infrastructure Says CCI Approves Sale Of Co's Mumbai Power Business To Adani Transmission
Monday, 12 Feb 2018 03:32am EST 

Feb 12 (Reuters) - Reliance Infrastructure ::SAYS COMPETITION COMMISSION OF INDIA APPROVES SALE OF CO'S MUMBAI POWER BUSINESS TO ADANI TRANSMISSION.SAYS TRANSACTION EXPECTED TO BE COMPLETED BY MARCH 2018.  Full Article

India's Adani Transmission Dec Qtr Consol PAT Surges
Wednesday, 17 Jan 2018 06:40am EST 

Jan 17 (Reuters) - India's Adani Transmission Ltd ::DEC QUARTER CONSOL PAT 8.42 BILLION RUPEES VERSUS 992.8 MILLION RUPEES YEAR AGO.DEC QUARTER CONSOL TOTAL INCOME 18.08 BILLION RUPEES VERSUS 7.34 BILLION RUPEES YEAR AGO.  Full Article

Reliance Infrastructure to Sell Integrated Mumbai Power Business​ To Adani Transmission
Thursday, 21 Dec 2017 04:17am EST 

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

Reliance Infrastructure ‍completes stake sale of WRSSS transmission to Adani Transmission
Wednesday, 1 Nov 2017 04:30am EDT 

Nov 1 (Reuters) - Reliance Infrastructure Ltd :Says ‍completes 100 pct stake sale of WRSSS transmission to Adani Transmission Limited​.  Full Article

Adani Transmission buys SPV co Hadoti Power Transmission Service
Monday, 14 Aug 2017 06:36am EDT 

Aug 14 (Reuters) - Adani Transmission Ltd ::Says acquisition of SPV 'hadoti Power Transmission Service Limited'.  Full Article

India's Adani Transmission June-qtr consol profit falls
Thursday, 10 Aug 2017 04:19am EDT 

Aug 10 (Reuters) - Adani Transmission Ltd :June quarter consol net profit 841 million rupees versus 1.23 billion rupees year ago.June quarter consol total income 6.20 billion rupees versus 6.37 billion rupees year ago.  Full Article

Adani Transmission Dec-qtr consol profit rises
Monday, 13 Feb 2017 06:55am EST 

Adani Transmission Ltd : Dec quarter consol net profit 992.8 million rupees versus 747.8 million rupees year ago .Dec quarter consol net sales 7.29 billion rupees versus 5.27 billion rupees year ago.  Full Article

Adani Transmission executes share purchase agreement with Reliance Infra
Wednesday, 7 Dec 2016 03:07am EST 

Adani Transmission Ltd : Says executes share purchase agreement with Reliance Infrastructure for acquisition of R-Infra's WRSSS transmission assets of 3100 ckt kms . Says deal values WRSSS transmission business at about 10 billion rupees .Says transaction is EPS accretive.  Full Article

Reliance Infra says asset monetisation of roads, Mumbai power business on track
Wednesday, 7 Dec 2016 03:04am EST 

Reliance Infrastructure: Says deal excludes expected upside from regulatory proceeds of various appeals of the assets . Says sale proceeds shall be utilized for debt reduction .Says asset monetisation of roads and Mumbai power business on track.  Full Article

India's Reliance Infra sells power unit to Adani Transmission

MUMBAI India's Reliance Infrastructure, part of Reliance Group, said on Thursday it has agreed to sell its Mumbai power generation, transmission and distribution business to a unit of Adani Enterprises for around 188 billion rupees ($2.93 billion).