Adani Group repays loans worth $2.65 bn; stocks rise up to 4%
Adani Group has made a full prepayment of $2.15 billion of loans and another $700 million debt taken for the acquisition of Ambuja Cement
Adani Group has made a full prepayment of $2.15 billion of loans and another $700 million debt taken for the acquisition of Ambuja Cement
An additional 0.76% stake in Adani Transmission and 0.99% shares in Adani Green have been pledged with SBI Trustee.
Of the nine Adani group stocks, 7 were trading higher amid report that Gautam Adani-led conglomerate is planning to prepay its loans.