Adani Group To Pre-Pay $1,114 Million For Release Of Pledged Shares

Monday, 6 February 2023Newsdesk
 Adani Group To Pre-Pay $1,114 Million For Release Of Pledged Shares
This statement assumes significance in view of the allegations of fraud and stock manipulation by a short-seller against the Adani Group.

New Delhi 06 February 2023

As per news report of NDTV, Adani Group on Monday said that the promoters will pre-pay $1,114 million for the release of pledged shares of its firms ahead of the maturity in September 2024. These shares belong to Adani Ports & Special Economic Zones, Adani Green Energy and Adani Transmission, a statement said.

Source -NDTV

Read More >>

If you like the story and if you wish more such stories, support our effort Make a donation.