Adani Group repaid a loan of $ 2.65 billion ahead of time, this information was given on the acquisition of Ambuja Cement
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Adani Group News: Adani Group on Sunday said that it has repaid a loan of US $ 2.65 billion to meet a prepayment program before the March 31 deadline. So that the confidence of the investors can be won back. Let us tell you that since an adverse report by the American firm Hindenburg Research came out on January 24, Adani Group’s shares have seen huge ups and downs.
Also repaid a loan of US$ 500 million related to the acquisition of Ambuja Cement.
A statement issued by the Adani Group said that it has repaid a loan of US $ 2.15 billion, which was taken by pledging shares in the group’s listed firms. Along with this, US $ 500 million has also been repaid out of the loans taken for the acquisition of Ambuja Cement. This statement from the Adani group comes after the recent announcement that it has repaid a loan of Rs 7,374 crore taken by pledging shares in 4 companies of the group. It has now been increased to $2.15 billion.
Details of the source of money not given to repay the loan
While Adani Group did not disclose the source of money to repay the loan, it comes within days of promoters selling minority stake in four listed companies to US-based GQG Partners for Rs 15,446 crore. According to the information coming out in the midst of all this, the opposition can create ruckus in the House today in the Adani case. Let us tell that the second phase of the Budget Session (Budget Session 2023) is going to start from today. The priority of the Central Government is to pass the Finance Bill during this period.
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