Adani Enterprises and Adani Energy Solutions have announced plans to raise significant funds. The boards of both companies are set to approve a fundraise of $3.5-4 billion. Adani Energy Solutions specifically aims to raise up to ₹12,500 crore (approximately $1.5 billion) through Qualified Institutional Placement (QIP) or other permissible modes. The board has approved this fundraise, marking a big announcement that is expected to bolster the financial capabilities of the Adani Group companies.