Follow-on Public Offer(FPO)
In News Recently, Adani Enterprises canceled its Rs 20,000 crore Follow-on Public Offer. It came after the shares of the firm declined following allegations of accounting fraud by US short-seller Hindenburg Research. What is a Follow-on Public Offering (FPO)? A Follow-on Public Offering (FPO) is the issuance of shares to investors by a company listed […]