Monday, February 6, 2023

Adani prepays loans of $1.1bn to release pledged group co shares

Adani Group chairman Gautam Adani has paid off $1.1 billion (Rs 9,203 crore) worth of loans ahead of their scheduled payment to release pledged shares in three listed companies as he looks to reinstate investor confidence in the financial health of his energy-to-edible oil conglomerate.

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