Adani Transmission Limited announced that it will receive INR 38,500,000,000 in an equity round of funding on April 8, 2022. The transaction will include participation from new investor International Holding Company PJSC. The company will receive funding through preferential allotment. The transaction has been approved by board of directors of the company and is subject to shareholders and regulatory approval and shall comply with the securities exchange board of India. The transaction is expected to close in a month after obtaining all necessary approvals.