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

The allegations by a short-seller led to a steep fall in the share prices of Adani Group firms. (File)
The allegations by a short-seller led to a steep fall in the share prices of Adani Group firms. (File)
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.
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