‘Sufficient liquidity to cover debt requirements for 12 months’: Adani Group
The group’s cash reserves stand at ₹53,024 crore, amounting to 20.53% of gross debt, sufficient to cover the next 28 months of debt servicing requirements.
adani group debt
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Block deal effect: Adani Enterprises surges 6%, Adani Green Energy falls 7%
Rajiv Jain-led GQG Partners, Abu Dhabi-based IHC, and other investors have bought shares in Adani Group companies through open market transactions.
Adani stocks rise after group refutes report on debt repayment; Adani Enterprises surges 8%
Eight of ten Adani group stocks were trading in green, barring Transmission and Total Gas, with the conglomerate’s cumulative m-cap rising to ₹9.04 lakh crore.
Adani group pledges more shares of Transmission, Green Energy arms with SBI Trustee
An additional 0.76% stake in Adani Transmission and 0.99% shares in Adani Green have been pledged with SBI Trustee.
Proxy advisory firm SES says Adani debt concerns 'overstated'
An independent third-party confirmation of its accounts would go a long way in establishing and restoring credibility, says SES.
No material refinancing risk, near-term liquidity requirement: Adani Group
The Adani group's gross debt stood at ₹2.26 lakh crore ($27.7 billion) at the end of September 2022.
Ambuja Cement, ACC, shares down up to 17% after Hindenburg report on Adani Group
Hindenburg Research accused the Gautam Adani-led conglomerate of "pulling the largest con in corporate history."
No new facts in Hindenburg report; data easily verifiable: InGovern
The proxy advisory firm says the timing of the report on the eve of the Adani Enterprises FPO was meant to scare investors.
Indian banks have ₹81,200 cr exposure to Adani group; 40% of its debt
The CLSA report downplayed the banks' exposure by mentioning that it is 0.55% of system loans.
