Adani Enterprises shares fall 3% as SEBI stays Adani Wilmar IPO

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Adani Enterprises share price was trading lower by over 3 percent on August 23 after market regulator SEBI held Adani Wilmar IPO due to an investigation against Adani Enterprises.

Market regulator SEBI has “kept in abeyance” the Rs 4,500-crore initial public offering of the agro-commodity company due to an investigation that is pending against the flagship entity of ports-to-energy conglomerate Adani Group.

News Source:- Moneycontrol

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