The Adani group on Sunday said the recent sale of equity shares by the promoters in three companies has ensured that it has fulfilled its debt and equity commitments in these companies for the next 12-18 months.

The Adani family recently raised $1.38 billion (Rs 11,330 crore) through stake sales in Adani Enterprises Ltd (AEL), Adani Green Energy Ltd (AGEL) and Adani Transmission Ltd (ATL).

The group said it has in all raised $9 billion in four years.

"This (the latest capital raise) ensures higher capital availability at the group level, for growth as well as near-term commitments of both debt and equity for the portfolio companies over the next 12-18 months."

It indicates the funds will be used towards paring debt and putting equity into various projects that are in the pipeline.

The group went slow on certain projects following the Hindenburg report that once wiped more than $140 billion of its market value.

It has now started reviving some of them amid improved market outlook on the group after investments by funds such as Australia's GQG Partners and the reduction of share-backed debt.

This is reflected in AEL, AGEL and ATL planning to raise more than Rs 33,000 crore through qualified institutional placement (QIP).

Adani Enterprises Ltd, the group's flagship firm, plans to raise Rs 12,500 crore through share sale to investors, while electricity transmission company Adani Transmission will raise another Rs 8,500 crore.

Adani Green Energy plans to raise Rs 12,300 crore.

In March, the promoter family sold $1.87 billion (Rs 15,446 crore) that resulted in full prepayment of margin-linked, share-backed financing.

According to the group, it has over the past four years attracted investments across its various listed entities.