Adani Enterprises Promoters Pledge Additional 1.5% Stake
Adani Enterprises said its promoters - Gautam Adani and Rajesh Adani - have pledged an additional 1.65 crore shares or 1.5 percent stake to STCI Finance Ltd.
With this, the total number of shares pledged by Gautam Adani/Rajesh S Adani (on behalf of SB Adani Family Trust) in Adani Enterprises, have gone up to 10.01 percent of the total share capital, the company said in a disclosure to the Bombay Stock Exchange.
Adani Enterprises, which is the flagship company of Adani group, said shares were pledged on August 24 on account of “loan of group company”.
In a separate disclosure on BSE, Adani Ports and Special Economic Zone's (APSEZ) said Gautam Adani/Rajesh S Adani have pledged over 1.34 crore shares or 0.66 percent stake in the company to STCI Finance Ltd.
It further said that they have released over 2.01 crore shares pledged earlier.
With this, the total number of shares pledged by Gautam Adani/Rajesh S Adani (on behalf of SB Adani Family Trust) in APSEZ, have come down to 15.97 percent of the total share capital of the total share capital, from 16.29 percent earlier.
Besides, another promoter entity Adani Properties has released pledge on 22.06 lakh shares of APSEZ. This has brought down its total pledged shares in the company to 4.28 percent of the total share capital.
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