Adani Enterprises, on Monday denied a news report that the company's flagship company was seeking to raise $5 billion from wealth funds.
"We would like to submit that there is no such development and therefore, the abovementioned news item is factually incorrect. We are unable to comment on media speculation or rumours and it would be inappropriate on our part to do so. The Company regularly evaluates all opportunities across its various businesses with the objective of enhancing shareholder value," said Adani Enterprises in a stock exchange filing.