Adani news

2023 - 3 - 28

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Image courtesy of "Business Today"

Adani debt: All margin loans of promoters fully paid, clarifies group ... (Business Today)

Earlier this month, Adani Group announced that it had prepaid $2.16 billion of share-backed financing, which it said was consistent with promoters' ...

TRENDING [Old vs New Tax Regime? MOST READ However, the report published today claimed that the banks had released shares of only one group firm, Adani Ports. Earlier this month, Adani Group announced that it had prepaid $2.16 billion of share-backed financing, which it said was consistent with promoters' commitment to prepay all share-backed financing before 31 March 2023. Adani Group's chief financial officer on Tuesday rejected a report that claimed the conglomerate had not paid all its loans against promoters' shares.

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Image courtesy of "Livemint"

NSE seeks clarification from Adani Enterprises on status of pledge ... (Livemint)

This is with reference to a report, which raised questions about whether the empire has actually repaid debts worth $2.15 billion.

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Image courtesy of "Economic Times"

Adani CFO slams 'misleading' reports on debt repayment (Economic Times)

Taking to Twitter, Jugeshinder Robbie Singh said the deliberate subterfuge will be clear to all once exchanges update the data post end of quarter.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). The stocks recovered some lost ground after the conglomerate inked a deal with US-based GQG partners, which invested $1.87 billion in four group companies. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Onshore plans that invest in overseas markets are treated as debt funds locally for taxation purposes. Six of them were locked in 5% lower circuit limits. [Adani Ports](/adani-ports-special-economic-zone-ltd/stocks/companyid-20316.cms)and SEZ, [Adani Transmission](/adani-transmission-ltd/stocks/companyid-57724.cms), [Adani Green](/adani-green-energy-ltd/stocks/companyid-64847.cms)Energy and [Adani Enterprises](/adani-enterprises-ltd/stocks/companyid-9074.cms)showed continuing pledge of shares with lenders.

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Image courtesy of "The Economic Times"

adani enterprises: NSE, BSE seek clarification from Adani ... (The Economic Times)

"The Exchange has sought clarification from Adani Enterprises Limited with respect to a recent news item captioned The Adani Group wants you to believe it ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). This is highly unusual as pledged shares are usually released immediately after the borrower settles their debts," it said. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Following a report by The Ken, Adani Enterprises stock ended 7% lower at Rs 1,601.55. Onshore plans that invest in overseas markets are treated as debt funds locally for taxation purposes. The response from the company is awaited," NSE said.

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Image courtesy of "Business Standard"

Renewed debt worries trigger sharp sell-off in Adani Group stocks (Business Standard)

Adani shares: The group has been on a sticky wicket ever since the US-based short seller Hindenburg Research, in a report, alleged -- among other things ...

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Image courtesy of "Livemint"

Ambuja stock dips 4%, ACC hits new 1-year low after Adani unveils ... (Livemint)

Adani announced that the group plans to double capacity to 140 MTPA from the current 67.5 MTPA going forward in the cement business (Ambuja and ACC).

Adani announced that the group plans to double capacity to 140 MTPA from the current 67.5 MTPA going forward in the cement business (Ambuja and ACC). Also, it expects net sales to rise to ₹70,000 crore by FY28 fiscal compared to ₹29,700 crore so far in FY23. EBITDA margins are trajected to expand from 19% to 25% in FY28.

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Image courtesy of "The Hindu BusinessLine"

Exchanges seek clarification from Adani Group on pledge shares (The Hindu BusinessLine)

The National Stock Exchange (NSE) and BSE on Tuesday sought clarification from the Adani Group on a media report that raised questions about the release of ...

Flagship [Adani Enterprises](https://www.thehindubusinessline.com/stocks/adani-enterprises-ltd/) fell the most by 7 per cent, while [Adani Ports and SEZ](https://www.thehindubusinessline.com/stocks/adani-ports-special-economic-zone-ltd/) ended lower by 5.6 percent on Tuesday. [ACC ](https://www.thehindubusinessline.com/stocks/acc-ltd/)and [Ambuja Cements ](https://www.thehindubusinessline.com/stocks/ambuja-cements-ltd/)lost 4.2 per cent and 3 percent respectively, while media company [NDTV ](https://www.thehindubusinessline.com/stocks/new-delhi-television-ltd)lost nearly 5 per cent from previous close. The Adani Group’s response to the stock exchanges is awaited. [Adani Power](https://www.thehindubusinessline.com/stocks/adani-power-ltd/) (-5%), [Adani Total Gas](https://www.thehindubusinessline.com/stocks/adani-gas-ltd/) (-5%), [Adani Transmission](https://www.thehindubusinessline.com/stocks/adani-transmission-ltd/) (-5%) and [Adani Green Energy](https://www.thehindubusinessline.com/stocks/adani-green-energy-ltd/) (-5%) hit lower circuits with only sellers on the counter. [Nifty and Sensex ended nearly flat](https://www.thehindubusinessline.com/markets/sensex-nifty-end-lower-as-caution-prevails-adani-stocks-slide/article66671256.ece) with loss of 0.2 per cent and 0.07 per cent, respectively, at the levels of 16951.7 and 57,613.7 points. [National Stock Exchange (NSE)](https://www.thehindubusinessline.com/topic/nse/) and [BSE ](https://www.thehindubusinessline.com/topic/bse/)on Tuesday sought clarification from the Adani Group on a media report that raised questions about the release of the pledged shares of the group companies.

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Image courtesy of "The Wire"

Adani Group Seeking More Time to Repay Debt Associated with ... (The Wire)

News that the Gautam Adani-led firm was looking to extend the repayment window for loans in connection with cement firms ACC and Ambuja Cement led to ...

The [Adani Group has denied all charges](https://www.adani.com/-/media/Project/Adani/Invetsors/Adani-Response-to-Hindenburg-January-29-2023.pdf) of wrongdoing and fraud. [Reuters reports](https://www.reuters.com/world/india/adani-shares-tumble-report-group-seeking-time-pay-acc-ambuja-debt-2023-03-28/) that shares of the Adani group tumbled during the day upon the publication of this news report. [Hindenburg Research](https://hindenburgresearch.com/adani/) in late January resulted in Adani stocks going into a tailspin and the group lost around $100 billion in market capitalisation. The short-seller’s main charge is that it has traced entities in tax havens, “which held huge stakes in listed Adani firms, and were related to Gautam Adani’s brother, Vinod.” But as “these facts were not disclosed. [Analyst Alam Srinivas writes](https://www.newindianexpress.com/opinions/2023/mar/28/adanis-three-pronged-defensive-offensive-strategy-2560082.html) that “the debt burden over Adani’s head will not vanish. The group has started negotiations with lenders to extend the tenor of $3 billion bridge loan.

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Image courtesy of "Hindustan हिंदी"

अडानी ग्रुप को फिर बड़ा झटका, अब कर्ज चुकाने पर उठे सवाल, लुढ़क गए ... (Hindustan हिंदी)

अडानी ग्रुप को फिर बड़ा झटका लगा है। अडानी ग्रुप की कंपनियों के शेयर एक रिपोर्ट से फिर ...

अडानी ग्रुप को फिर एक बड़ा झटका लगा है। अडानी ग्रुप (Adani Group) की कंपनियों के शेयर एक रिपोर्ट से फिर धड़ाम हो गए हैं। यह रिपोर्ट द केन (The Ken) ने पब्लिश की है। अडानी ग्रुप की सभी कंपनियों के शेयरों में मंगलवार को तेज गिरावट है। अडानी ग्रुप की 10 लिस्टेड कंपनियों में से 6 के शेयर लोअर सर्किट पर हैं। वहीं, अडानी एंटरप्राइजेज और अडानी पोर्ट्स के शेयर 7 पर्सेंट की गिरावट के साथ ट्रेड कर रहे हैं। अडानी ग्रुप को फिर बड़ा झटका लगा है। अडानी ग्रुप की कंपनियों के शेयर एक रिपोर्ट से फिर लुढ़क गए हैं। यह रिपोर्ट The Ken ने पब्लिश की है। ग्रुप की सभी कंपनियों के शेयरों में मंगलवार को तेज गिरावट है। [हिंदी न्यूज़](/) [बिजनेस](/business/)अडानी ग्रुप को फिर बड़ा झटका, अब कर्ज चुकाने पर उठे सवाल, लुढ़क गए कंपनियों के शेयर

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Image courtesy of "मनी कंट्रोल"

Adani Shares: अदाणी के 6 शेयरों में लगा लोअर सर्किट, ACC ने छुआ 52 ... (मनी कंट्रोल)

Adani Group Shares: स्टॉक मार्केट में सूचीबद्ध अदाणी ग्रुप (Adani Group) की सभी 10 कंपनियों के शेयर ...

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Image courtesy of "The Economic Times"

adani group: Adani CFO slams 'misleading' reports on debt ... (The Economic Times)

Taking to Twitter, Jugeshinder Robbie Singh said the deliberate subterfuge will be clear to all once exchanges update the data post end of quarter.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). The stocks recovered some lost ground after the conglomerate inked a deal with US-based GQG partners, which invested $1.87 billion in four group companies. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Six of them were locked in 5% lower circuit limits. [Adani Ports](/adani-ports-special-economic-zone-ltd/stocks/companyid-20316.cms)and SEZ, [Adani Transmission](/adani-transmission-ltd/stocks/companyid-57724.cms), [Adani Green](/adani-green-energy-ltd/stocks/companyid-64847.cms)Energy and [Adani Enterprises](/adani-enterprises-ltd/stocks/companyid-9074.cms)showed continuing pledge of shares with lenders. [Adani Group](/topic/adani-group)may not have repaid total debt of $2.15 billion, the chief financial officer (CFO) of the embattled conglomerate said the exchanges will update the data on promoter pledge shares at the end of quarter and that media reports represent deliberate misinterpretation.

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Image courtesy of "मनी कंट्रोल"

Adani Shares: अदाणी ग्रुप का ₹50000 करोड़ एक दिन में साफ, NSE ने ... (मनी कंट्रोल)

Adani Group Shares: अदाणी ग्रुप के शेयरों का सेंटीमेंट बताने वाला मनीकंट्रोल का इंडेक्स 'MC A10 ...

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Image courtesy of "नवभारत टाइम्स"

कब लगेगा ब्रेक, अडानी को SC से मिली राहत, लेकिन बढ़ी निगरानी, रेड जोन में ... (नवभारत टाइम्स)

अडानी के 10 के 10 शेयर आज लाल निशान पर हैं; अडानी ग्रीन एनर्जी पर बढ़ी निगरानी के बाद शेयर ...

- अडानी ग्रीन एनर्जी के शेयर भी 5 फीसदी गिरकर 935.50 रुपये पर पहुंच गया। - अडानी ट्रांसमिशन के शेयर 5 फीसदी गिरकर 1015.75 रुपये पर पहुंच गया। - अडानी पावर लिमिटेड के शेयर आज 5 फीसदी गिरकर 173.85 रुपये पर पहुंच गया।

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Image courtesy of "ABP News"

Adani Group: अडानी समूह के स्टॉक्स में फिर तेज हुई गिरावट, 10 में से 5 ... (ABP News)

Adani Portfolio Stocks Crash: अडानी समूह के शेयरों (Adani Group Stocks ) में फिर से गिरावट का सिलसिला शुरू हो ...

भारतीय शेयर बाजार न स्मॉल कैप और मिड कैप स्टॉक्स में गिरावट के चलते निवेशकों को बड़ा नुकसान हुआ है. अडानी पोर्ट्स 5.67 फीसदी की गिरावट के साथ 593 रुपये, एसीसी 4.21 फीसदी, अंबुजा सीमेंट 2.99 फीसदी और एनडीटीवी 4.92 फीसदी की गिरावट के साथ 173.95 रुपये पर बंद हुआ है. आज के ट्रेड में अडानी समूह की फ्लैगशिप कंपनी अडानी एंटरप्राइजेज का शेयर 7.09 फीसदी की गिरावट के साथ 1600 रुपये पर बंद हुआ है. स्टॉक एक्सचेंज पर लिस्टेड अडानी समूह (Adani Group) के 10 शेयरों में से 5 शेयर लोअर सर्किट ( Lower Circuit) के साथ बंद हुए. जो ये दर्शाता है कि कर्ज का पूरा भुगतान नहीं किया गया है. Adani Portfolio Stocks Crash: अडानी समूह के शेयरों (Adani Group Stocks ) में फिर से गिरावट का सिलसिला शुरू हो चुका है.

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Image courtesy of "Business Today"

'Mischievous': Adani Group refutes report that claimed share-backed ... (Business Today)

Earlier this month, Adani Group announced that it had prepaid $2.16 billion of share-backed financing, which it said was consistent with promoters' ...

However, the report published on Tuesday claimed that the banks had released shares of only one group firm, Adani Ports. In a statement on March 7, the group said it had prepaid share-backed financing of Rs 7,374 crore ($902 million) ahead of its latest maturity in April 2025. It alleged that following the Adani Group's prepayment announcement, banks have only released the pledged shares of Adani Ports. In a tweet, CFO Jugeshinder Singh said that data will be updated on the exchanges after the end of the current quarter. Adani Group on Tuesday refuted a report that claimed the conglomerate had not paid all its loans against promoters' shares. The response came after a report by the digital website, The Ken, raised questions on whether the energy-to-ports conglomerate had actually repaid debt totaling $2.15 billion.

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Image courtesy of "Business Standard"

Wait for stock exchanges to update data at quarter-end: Adani CFO (Business Standard)

The 10 listed Adani Group companies, which together had lost about USD 135 billion in market value following the report, saw stocks recover some of the lost ...

On March 12, it said the aggregate repaid loans now stood at USD 2.15 billion. "The deliberate subterfuge will be clear to all once exchanges update the data post end of quarter." "...they know that relevant exchanges will update end of quarter," he said in a Twitter post. The group had on March 7 stated that it had pre-paid Rs 7,374 crore (about USD 902 million) loans that were taken pledging shares in four group companies. He said the group's "public disclosure on the payments" could have been "easily verified that all margin loans of the promoters have been paid in full". Adani Group CFO Jugeshinder Robbie Singh on Tuesday said stock exchanges update data on promoter share pledges at the end of the quarter, as he tried to clarify on present data not matching with the conglomerate's statement of repaying all the USD 2.15 billion of share-backed debt.

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Image courtesy of "India Today"

Explained: Why Adani Group shares fell sharply today (India Today)

Flagship Adani Enterprises fell 7 per cent during the intraday trading session, and was down over 5.3 per cent at Rs 1,630.85 per piece at around 12:50 am.

It also noted that following the group’s prepayment announcement, banks have only released the pledged shares of Adani Ports. For more than a month, Adani Group’s market capitalisation kept falling as it failed to calm investors. “This is highly unusual as pledged shares are usually released immediately after the borrower settles their debts," the report noted. Flagship Adani Enterprises fell 7 per cent during the intraday trading session, and was down over 5.3 per cent at Rs 1,630.85 per piece at around 12:50 am. Furthermore, the Ken report claimed that the pledged shares of Adani Green Energy and Adani Transmission had not been released by the bank even a month after the loan repayment announcement. NDTV was also down over 4 per cent.

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Image courtesy of "Livemint"

Adani stocks crash on fear banks hold collateral | Mint (Livemint)

Adani group stocks plunged the most by value in 23 sessions after a report in The Ken cited regulatory filings to show that banks have not released a ...

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Image courtesy of "The Hindu BusinessLine"

After stock rout, Adani terms reports on pledge shares 'baseless' (The Hindu BusinessLine)

Rubbishing the report by a news portal claiming incomplete repayment of $2.15 billion share-backed debt, the Adani Group issued a statement terming the ...

Also, in addition to such security, listed shares have been provided as additional collateral for these OpCo liabilities for additional lender comfort. The flagship Adani Enterprises had lost over 7 per cent. In its clarification, Adani Group released the share pledge position as on December 31, 2022 and the current share pledge position as on March 27, 2023 giving a comparison for four Group companies Adani Green Energy from 4.4 per cent pledge in December 31, 2022, that reduced to 3.5 per cent as on Tuesday.

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Image courtesy of "मनी कंट्रोल"

Adani group के लोन रिपेमेंट पर उठाया था सवाल, CFO ने कहा- 'भ्रामक ... (मनी कंट्रोल)

Adani News: अडानी ग्रुप के चीफ फाइनेंशियल ऑफिसर (CFO) जुगशिंदर रॉबी सिंह (Jugeshinder Robbie Singh) ने ...

The deliberate subterfuge will be clear to all once exchanges update the data post end of quarter. Deliberate misrepresentation ( and if i speculate out right lies) of @TheKenWeb (@SudzzBTS and @nimishshp) they know that relevant exchanges will update end of quarter. Adani News: अडानी ग्रुप के चीफ फाइनेंशियल ऑफिसर (CFO) जुगशिंदर रॉबी सिंह (Jugeshinder Robbie Singh) ने मंगलवार 28 मार्च को उस रिपोर्ट की भ्रामक बताते हुए आलोचना की जिसमें कहा गया था अडानी ग्रुप ने शायद अभी तक 2.15 अरब डॉलर का लोन नहीं चुकाया है। ये कर्ज प्रमोटरों के शेयर गिरवी रखकर लिए गए थे। सिंह ने कहा कि शेयर बाजार तिमाही खत्म होने के बाद प्रमोटर के गिरवी रखे शेयरों से जुड़े आंकड़ों को अपडेट करेंगे, जिसके बाद चीजें अपने आप साफ हो जाएंगी। जुगशिंदर रॉबी सिंह का ये बयान ऐसे समय में आया है, जब मंगलवार को नेशनल स्टॉक एक्सचेंज (NSE) ने अडानी ग्रुप से इस रिपोर्ट पर स्पष्टीकरण मांगा था।

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Image courtesy of "Times of India"

All 10 Adani stocks end lower for 2nd day; mcap of group firms ... (Times of India)

India Business News: NEW DELHI: Shares of all the ten listed firms of the Adani group ended lower for the second day in a row on Tuesday, with Adani ...

All the ten listed firms of the Adani group had settled in the negative territory on Monday. The group firms have suffered a combined erosion of Rs 80,096.75 crore from their market valuation in two days of decline in stock prices. Many of the group firms hit their lower circuit during the day. The stock of Adani Enterprises tanked 7.06 per cent, the most among the group firms on BSE. NEW DELHI: Shares of all the ten listed firms of the Shares of Adani Ports slumped 5.66 per cent, Adani Power fell 5 per cent, Adani Transmission (5 per cent), Adani Green Energy (5 per cent), Adani Total Gas (5 per cent) and Adani Wilmar (4.99 per cent).

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Image courtesy of "The Hindu"

Adani is merely a front for Modi: Kejriwal (The Hindu)

Chief Minister Arvind Kejriwal on Tuesday alleged that industrialist Gautam Adani is merely a front for Prime Minister Narendra Modi and the “money actually ...

Addressing a press conference, leader of Opposition in the Assembly Ramvir Singh Bidhuri, said the ruling AAP tabled a resolution in the Delhi Assembly just as the Pakistan government had presented a resolution against the government of India in its Parliament. Hitting back, the BJP said the Arvind Kejriwal government is working in a “dictatorial and unconstitutional manner” in the Assembly and AAP MLAs “spoke in the language of Pakistan”. Modi the most corrupt Prime Minister in the history of Independent India, the AAP chief said, “Our Prime Minister is less educated and has a lust for money. The AAP chief said the Prime Minister is “looting the country with both hands”. The resolution also appealed to the Supreme Court to expand the scope of the petition on electoral bonds to look into the possibility of money “looted” by Mr. Taking exception to Kejriwal’s remarks in the Delhi Assembly, BJP national spokesperson Sambit Patra also accused the Chief Minister of giving “cover fire” to the Congress party.

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Image courtesy of "Economic Times"

NSE, BSE seek clarification from Adani Enterprises on loan repayment (Economic Times)

"The Exchange has sought clarification from Adani Enterprises Limited with respect to a recent news item captioned The Adani Group wants you to believe it ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). This is highly unusual as pledged shares are usually released immediately after the borrower settles their debts," it said. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Following a report by The Ken, Adani Enterprises stock ended 7% lower at Rs 1,601.55. Onshore plans that invest in overseas markets are treated as debt funds locally for taxation purposes. The response from the company is awaited," NSE said.

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Image courtesy of "Financial Express"

Adani Group stocks continue slide (Financial Express)

Adani Group stocks continued their slide on Tuesday, with six stocks hitting their lower circuit of 5% and the flagship Adani Enterprises slumping over 7%.

He pointed out that the market had discounted a certain level of growth, and now it’s difficult for the group to grow beyond the anticipated level. [Share Market Highlights: Nifty settles below 17000, Sensex down 40 pts; Bank Nifty closes above 39550, Adani stocks fall](https://www.financialexpress.com/market/share-market-today-live-updates-sensex-nifty-rupee-vs-dollar-asia-us-markets-in-green-bank-nifty-stocks-tuesday-28-march/3024023/) “Adani Group stocks remain overvalued. [BSE](https://www.financialexpress.com/market/hal-offer-subscribed-3-8-times/3021720/) have sought a clarification from the conglomerate on the same. This followed reports questioning the debt repayment claims by the group. The group lost Rs 49,454 crore in market capitalisation on Tuesday, and has shed Rs 79,980 crore in m-cap over the last three sessions.

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Adani Group: अडानी ग्रुप पर फिर बवाल, 2.15 अरब डॉलर के लोन पेमेंट पर ... (नवभारत टाइम्स)

अडानी ग्रुप की मुश्किल कम होने का नाम नहीं ले रही हैं। हिंडनबर्ग रिसर्च की रिपोर्ट से ...

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Adani Group: Adani Group refutes report on pledged shares - The ... (The Economic Times)

As on March 27, 2023, the pledge positions of listed Adani Group companies in Adani Green stood at 3.5% as against 4.4% on December 31, 2022, according to ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Shares of one Adani [company](/topic/company)have been used as collateral for loans by another group company. In addition to such security, listed shares have been provided as additional collateral, it said. [Adani Group](/topic/adani-group)has refuted a news report that it has not completed repayment of [loans](/topic/loans)backed by [shares](/definition/shares)worth $2.15 billion. It said the shares pledged by listed Adani companies in Such pledge positions in Adani Enterprises dropped to 0.6% from 2.7% in the December quarter. Onshore plans that invest in overseas markets are treated as debt funds locally for taxation purposes. The Group said Operating Company's borrowings are based on the security of project assets, project cash flow and other such collaterals. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) The conglomerate said in a statement to exchanges late Tuesday it has completed 'full prepayment' of margin-linked share-backed financing aggregating to $2.15 billion. As on March 27, 2023, the pledge positions of listed Adani Group companies in Adani Green stood at 3.5% as against 4.4% on December 31, 2022, according to the release. [SC Dismisses DRI Plea Against CESTAT Orders on Adani Cos](/epaper/delhicapital/2023/mar/28/et-front/sc-dismisses-dri-plea-against-cestat-orders-on-adani-cos/articleshow/99044136.cms)

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Adani brain behind Modi, alleges Kejriwal; BJP says behaving like Pak (The Indian Express)

India's “undereducated” Prime Minister was the primary investor backing industrialist Gautam Adani, and both “looted the country” in pursuit of Modi's ...

we will take up this unconstitutional and anti-national act of the Delhi assembly with the President of India,” the LOP added. He manages everything of the PM and tells him which leaders to put the CBI and ED behind,” he also alleged. Similarly, when PM Modi went to Israel, several defence projects were initiated and went to the Adani Group, the Chief Minister alleged. “The first is to hug the political leader and the second is to ensure that the contract is given to the Adani Group…in the 17th and 18th century, our rulers at the time were not educated and the British would come and make deals and make them sign as per their wishes… Narendra Modi did not pressure Sri Lanka to give the project to Gautam Adani, but he ensured that he got the project.” I think that he is the most corrupt Prime Minister that this country has ever seen,” he alleged.

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Adani Group refutes report on pledged shares (Economic Times)

As on March 27, 2023, the pledge positions of listed Adani Group companies in Adani Green stood at 3.5% as against 4.4% on December 31, 2022, according to ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Shares of one Adani [company](/topic/company)have been used as collateral for loans by another group company. In addition to such security, listed shares have been provided as additional collateral, it said. [Adani Group](/topic/adani-group)has refuted a news report that it has not completed repayment of [loans](/topic/loans)backed by [shares](/definition/shares)worth $2.15 billion. It said the shares pledged by listed Adani companies in Such pledge positions in Adani Enterprises dropped to 0.6% from 2.7% in the December quarter. Onshore plans that invest in overseas markets are treated as debt funds locally for taxation purposes. The Group said Operating Company's borrowings are based on the security of project assets, project cash flow and other such collaterals. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) The conglomerate said in a statement to exchanges late Tuesday it has completed 'full prepayment' of margin-linked share-backed financing aggregating to $2.15 billion. As on March 27, 2023, the pledge positions of listed Adani Group companies in Adani Green stood at 3.5% as against 4.4% on December 31, 2022, according to the release. [SC Dismisses DRI Plea Against CESTAT Orders on Adani Cos](/epaper/delhicapital/2023/mar/28/et-front/sc-dismisses-dri-plea-against-cestat-orders-on-adani-cos/articleshow/99044136.cms)

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Adani shares: Adani shares slip, Group m-cap falls by Rs 49400 cr ... (The Economic Times)

Shares of the conglomerate's flagship entity Adani Enterprises declined 7% to close at ₹1603, while Adani Port declined 5.2% to close at ₹596.4.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). [ACC](/acc-ltd/stocks/companyid-6.cms), [Ambuja Cements](/ambuja-cements-ltd/stocks/companyid-13643.cms), and [NDTV](/new-delhi-television-ltd/stocks/companyid-16783.cms)fell 4% each. [Adani Power](/adani-power-ltd/stocks/companyid-23479.cms), [Adani Transmission](/adani-transmission-ltd/stocks/companyid-57724.cms), [Adani Green](/adani-green-energy-ltd/stocks/companyid-64847.cms), [Adani Wilmar](/adani-wilmar-ltd/stocks/companyid-16234.cms), and [Adani Total Gas](/adani-total-gas-ltd/stocks/companyid-32503.cms)dropped 5% - the lowest tradable limit for the day. But in the past week, these stocks have weakened again, possibly due to negative news flow. Onshore plans that invest in overseas markets are treated as debt funds locally for taxation purposes. [Adani Enterprises](/topic/adani-enterprises)declined 7% to close at ₹1,603, while Adani Port declined 5.2% to close at ₹596.4.

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On Kejriwal's 'Adani not Modi's friend' remark, BJP says 'frustration ... (Hindustan Times)

Kejriwal launched a no-holds-barred attack on Prime Minister Narendra Modi on Tuesday, levelling allegations of corruption against him in reference to the ...

It only means that he was speaking on behalf of the Congress and covering for it," he charged. Stepping up the attack, he alleged, “Adani was not a friend of Narendra Modi but a fund manager. Kejriwal launched a no-holds-barred attack on the prime minister, alleging that Modi was helping the industrialist stay afloat despite his firms facing serious stock manipulation allegations. In politics, perception is important, but Narendra Modi is not worried. The money is actually not Adani’s, it is Modi’s.” The Bharatiya Janata Party (BJP) on Tuesday accused Delhi chief minister Arvind Kejriwal of giving “cover fire” to the Congress party after the A

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Adani refutes incomplete loan repayment report; says, fully prepaid ... (Financial Express)

The Adani Group claims it has prepaid its $2.15 billion loans entirely, freeing up substantial share pledges for listed entities.

In its statement, Adani appended the screenshots of the NSE website, showing the release of pledged shares for Adani Transmission, Adani Green Energy, and Adani Enterprises. Earlier, in February and March, Adani Group issued statements saying that the company has prepaid outstanding loans aggregating to $2.15 billion, releasing all promoter share pledges. Adani Group has sought to refute a media report raising questions about completion of repayment of $2.15 billion in share-backed debt, saying that it has completed the full prepayment of $2.15 billion loans, paying off all share backed facilities availed by the promoters.

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Adani Group refutes news report claims regarding repayment of ... (Livemint)

Adani shares plunged after the report from 'The Ken' claimed the company of non-repayment of loans. The group has called The Ken's claims 'baseless'

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अडानी ग्रुप ने दिया स्टॉक एक्सचेंजों को जवाब... लोन पेमेंट से जुड़ी रिपोर्ट को ... (आज तक)

अडानी ग्रुप द्वारा लोन रिपेमेंट पर सवाल उठाते हुए The Ken की एक रिपोर्ट मंगलवार को पब्लिश ...

मंगलवार को कारोबार की समाप्ति पर गौतम अडानी की सभी कंपनियों के शेयर लाल निशान पर बंद हुए थे. वहीं अडानी एंटरप्राइजेज के शेयर 6.97 फीसदी फिसलकर बंद हुए थे. एनएसई की ओर से ग्रुप की फ्लैगशिप कंपनी अडानी एंटरप्राइजेज से स्पष्टीकरण की मांग करते हुए कहा गया कि कंपनी के जवाब का इंतजार है. उन्होंने आगे लिखा कि प्रवर्तकों के सभी मार्जिन ऋणों का पूरा भुगतान किया गया है. इसमें आगे कहा गया था कि इस लोन रिपेमेंट के दावे के बावजूद रेगुलेटरी फाइलिंग से पता चलता है कि बैंकों ने गिरवी रखे गए प्रमोटरों के स्टॉक्स का एक बड़ा हिस्सा अब तक रिलीज नहीं किया है. स्टॉक एक्सचेंजों को जवाब देते हुए ग्रुप के चीफ फाइनेंशियल ऑफिसर (CFO) जुगशिंदर सिंह ने The Ken की रिपोर्ट को सिरे से खारिज किया.

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Adani mcap tanks Rs 50k crore, worst slide in over a month (Times of India)

India Business News: The rout in Adani stocks continued on Tuesday with six of the 10 stocks frozen at the 5% lower circuit level while Adani Enterprises, ...

The slide came on the back of reports that LIC’s investments in Adani Group stocks were in the red. Till late evening, the group had not responded to the query.LIC stock sets new floor of Rs 535 On Tuesday, another report claimed that although Adani Group claimed to have paid back all its lenders from whom it had borrowed against shares, that may not be fully true.

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Stocks in news: Adani Group, L&T, Vedanta, Britannia and more (Business Today)

Stocks to watch out for today: L&T, Vedanta, GR Infraprojects, DCB Bank, Britannia, Zydus Lifesciences, Adani Group and more.

MOST READ Zydus Lifesciences has received final approval for Loperamide Hydrochloride Capsules from the United States Food and Drug Administration (USFDA). The project is expected to be completed by 31 October, 2024. Adani Group has refuted a report that claimed the conglomerate had not paid all its loans against promoters' shares. The company has issued and allotted 2,00,000 7.725% non-convertible debentures (NCDs) of Rs 1 lakh each aggregating to Rs 2,000 crore, which will mature on April 28, 2028. The domestic indices were dragged by automobile, technology and metals. Indian equity benchmarks returned to negative territory on Tuesday amid a highly volatile trading session. The 30-share BSE Sensex pack slipped 40 points or 0.07 per cent to close at 57,614; while the broader NSE Nifty index moved 34 points or 0.20 per cent lower to settle at 16,952.

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Adani shares slip, Group m-cap falls by Rs 49400 cr (Economic Times)

Shares of the conglomerate's flagship entity Adani Enterprises declined 7% to close at ₹1603, while Adani Port declined 5.2% to close at ₹596.4.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). [ACC](/acc-ltd/stocks/companyid-6.cms), [Ambuja Cements](/ambuja-cements-ltd/stocks/companyid-13643.cms), and [NDTV](/new-delhi-television-ltd/stocks/companyid-16783.cms)fell 4% each. [Adani Power](/adani-power-ltd/stocks/companyid-23479.cms), [Adani Transmission](/adani-transmission-ltd/stocks/companyid-57724.cms), [Adani Green](/adani-green-energy-ltd/stocks/companyid-64847.cms), [Adani Wilmar](/adani-wilmar-ltd/stocks/companyid-16234.cms), and [Adani Total Gas](/adani-total-gas-ltd/stocks/companyid-32503.cms)dropped 5% - the lowest tradable limit for the day. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) But in the past week, these stocks have weakened again, possibly due to negative news flow. [Adani Enterprises](/topic/adani-enterprises)declined 7% to close at ₹1,603, while Adani Port declined 5.2% to close at ₹596.4.

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अडानी को सबसे बड़ा झटका, एक दिन में 50 हजार करोड़ रुपये घट गया मार्केट ... (नवभारत टाइम्स)

नई दिल्ली: गौतम अडानी (Gautam Adani) को एक बार फिर बड़ा झटका लगा है। अडानी ग्रुप का मार्केट कैप ...

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अडानी ग्रुप की कंपनियों को 3 दिन में ₹80000 करोड़ का झटका, जानें क्यों ... (Hindustan हिंदी)

एनडीटीवी तीन दिनों में 13.77 फीसद गिर गया और सबसे खराब प्रदर्शन करने वाला अडानी ग्रुप का ...

द केन की एक रिपोर्ट की वजह से ग्रुप के शेयरों में गिरावट आई। रिपोर्ट में इस बारे में सवाल उठाया गया है कि क्या अडानी ग्रुप ने वास्तव में 2.15 अरब डॉलर के कर्ज चुकाए हैं? अंबुजा सीमेंट्स (3.49 फीसद नीचे), अडानी ग्रीन एनर्जी (4.78 फीसद नीचे), अडानी ट्रांसमिशन (6.32 फीसद नीचे) अडानी ग्रुप के शेयरों में से थे, जो तीन दिन की गिरावट में सबसे कम प्रभावित हुए थे। तीन दिनों की अवधि में एसीसी और अडानी टोटल गैस प्रत्येक में 7 फीसद की गिरावट आई। अडानी पावर, अडानी ट्रांसमिशन, अडानी टोटल गैस, अडानी ग्रीन एनर्जी, अडानी विल्मर और एनडीटीवी में मंगलवार को 5 फीसद लोअर सर्किट लगा। अडानी ग्रुप के दो शेयरों एसीसी और अंबुजा सीमेंट्स में क्रमश: 4.22 फीसद और 2.91 फीसद की गिरावट आई। वहीं एनडीटीवी तीन दिनों में 13.77 फीसद गिर गया और सबसे खराब प्रदर्शन करने वाला अडानी ग्रुप का स्टॉक रहा। इसके बाद इस अवधि में अडानी पावर (13.59 फीसद नीचे) और अडानी विल्मर (12.60 फीसद नीचे) का नंबर आता है। कॉर्पोरेट डेटाबेस AceEquity के आंकड़ों से पता चलता है कि अडानी ग्रुप का मार्केट कैप सोमवार को 29,931.64 करोड़ रुपये और शुक्रवार को 594.18 करोड़ रुपये घट गया। ग्रुप की फ्लैगशिप कंपनी अडानी एंटरप्राइजेज मंगलवार को 7.08 फीसद गिरकर 1,601.25 रुपये पर आ गया। तीन दिन में यह 11 फीसद लुढ़का है। अडानी पोर्ट्स भी 5.11 फीसद गिरकर 596.95 रुपये पर आ गया है, जो तीन दिन की गिरावट के साथ 8.55 फीसद पर आ गया। हिंडनबर्ग की रिपोर्ट से टूटे अडानी ग्रुप के शेयर 27 फरवरी के बाद रिकवरी मोड में थे, लेकिन पिछले 3 दिनों में तेजी के ट्रैक से उतर गए। इसका परिणाम यह हुआ कि अडानी ग्रुप को 80000 करोड़ रुपये का तगड़ा झटका लगा। अडानी ग्रुप की कंपनियों के बाजार पूंजीकरण में 8.23 फीसद की गिरावट देखी गई। महज तीन दिन में अडानी ग्रुप का मार्केट कैप 23 मार्च को 9,70,730 करोड़ रुपये की तुलना में 79,980 करोड़ रुपये गिरकर 8,90,750 करोड़ रुपये रह गया। एनडीटीवी तीन दिनों में 13.77 फीसद गिर गया और सबसे खराब प्रदर्शन करने वाला अडानी ग्रुप का स्टॉक रहा। इसके बाद इस अवधि में अडानी पावर (13.59 फीसद नीचे) और अडानी विल्मर (12.60 फीसद नीचे) का नंबर आता है।

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Adani Enterprises, Adani Green, Adani Power, Adani Ports shares in ... (Business Today)

Adani group noted that Sebi regulations require disclosure obligations on pledge or release of 5 per cent or higher number of shares of the company, ...

[Adani Total Gas](https://www.businesstoday.in/stocks/adani-total-gas-ltd-atgl-share-price-364636), Adani Green Energy, Adani Wilmar and NDTV locked at 5 per cent lower circuit limits each on Tuesday. Among these stocks, NDTV plunged 13.77 per cent in the three-day period and was the worst performing Adani group stock. Adani Ports dropped 5.11 per cent to Rs 596.95, taking its three-day fall to 8.55 per cent. Accordingly, SAST disclosure was applicable only to Adani Ports, the group noted. The group m-cap got eroded by Rs 29,931.64 crore on Monday and Rs 594.18 crore on Friday, data compiled by corporate database AceEquity suggests. Will Indian IT see spillover effect?](https://www.businesstoday.in/latest/corporate/story/accenture-to-cut-19000-jobs-will-indian-it-see-spillover-effect-374692-2023-03-24?utm_source=recengine&utm_medium=web&referral=yes&utm_content=footerstrip-5&t_source=recengine&t_medium=web&t_content=footerstrip-5&t_psl=False) The report prompted a fresh bout of selling in Adani group stocks. [Hindustan Zinc dividend: 5 things you should know](https://www.businesstoday.in/markets/company-stock/story/hindustan-zinc-dividend-5-things-you-should-know-375213-2023-03-29) ACC and [Ambuja Cements](https://www.businesstoday.in/stocks/ambuja-cements-ltd-ambujacem-share-price-362811), two Adani group cement stocks, slipped 4.22 per cent and 2.91 per cent, respectively. For the three-day period, it is down 11 per cent. A new report by The Ken had, however, raised questions about whether the group actually has repaid debts worth $2.15 billion. As per the media release of February 6, 12 per cent of Adani Ports shares were released (which was higher than 5 per cent) and 3 per cent of Adani Green Energy shares and 1.4 per cent of Adani Transmission shares were released.

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Contagion risks loom over Adani Transmission and Adani Ports ... (Livemint)

Adani Transmission Limited and Adani Ports and Special Economic Zone are prone to risks which could affect financial flexibility, said Fitch.

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Adani Group shares trade mixed; 3 counters hit 5% lower circuit (Economic Times)

Adani Enterprises traded at Rs 1,618, up 1.09% while Adani Ports rose 1.5% to Rs 602.25. On the other hand, Adani Green Energy, Adani Transmission and Adani Total Gas were locked in their respective 5% lower circuits.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). [ACC](/acc-ltd/stocks/companyid-6.cms)was up 1.37% at Rs 1,636 while [Adani Power](/adani-power-ltd/stocks/companyid-23479.cms)rose 1.5% to Rs 176.45. [New Delhi Television](/new-delhi-television-ltd/stocks/companyid-16783.cms)( [NDTV](/new-delhi-television-ltd/stocks/companyid-16783.cms)) was trading at Rs 175.50, up 0.89% from Tuesday's closing price. [Adani Group stocks](/topic/adani-group-stocks)have lost between 22% and 80%. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Fitch said that they are prone to risks which could affect financial flexibility. Adani Enterprises traded at Rs 1,618, up 1.09% while [Adani Ports](/adani-ports-special-economic-zone-ltd/stocks/companyid-20316.cms)rose 1.5% to Rs 602.25. [ITC Plans ₹3kcr Yearly Growth Push](/epaper/delhicapital/2023/mar/29/et-front/itc-plans-3kcr-yearly-growth-push/articleshow/99071837.cms) [Women Athletes Score Record Brand Deals](/epaper/delhicapital/2023/mar/29/et-front/women-athletes-scorerecord-brand-deals/articleshow/99071869.cms) [‘Pledge-Repledge’ Model Mooted for Brokers, Investors](/epaper/delhicapital/2023/mar/29/et-front/pledge-repledge-model-mooted-for-brokers-investors/articleshow/99071846.cms) It also said all shares pledged for such loans have been released. [Ambuja Cements](/ambuja-cements-ltd/stocks/companyid-13643.cms)shares were at Rs 360.25, up 0.36%.

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Adani group refutes reports on debt repayment concerns (Times of India)

India Business News: Adani group's plans to renegotiate terms on $4 bn of loans have raised concerns over its ability to repay its debts, according to a ...

Before the rebuttal, Sameer Kalra, founder of Target Investing, said the Ken report “increases the risks,” for the group in refinancing. These rules only apply to Adani Ports and not the transmission or green energy units, the conglomerate said. The Economic Times said Adani group had started talks with lenders to extend the tenor of a $3 billion bridge loan to a period of five years or beyond from the existing 18 months. “All share-backed facilities availed by the promoters have been paid off,” the group said in its statement late Tuesday. have been reduced substantially, with only residual share pledges corresponding to operating company facilities still outstanding, the statement said. The business news website said regulatory filings showed that banks have not yet released a large portion of founder Gautam Adani’s shares.

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Adani Ports, Adani Transmission exposed to 'higher contagion risks ... (Business Today)

Fitch attributed the contagion risks to governance weakness at the Adani Group's sponsorship level. Rating agency Fitch Ratings has said that two subsidiaries ...

TRENDING Meanwhile, Adani stocks were back in focus on Wednesday after the exchange sought clarification from the group after some media reports. Adani Transmission, Adani Total Gas, and Adani Green hit a lower circuit of 5 per cent each, whereas Adani Power and Adani Wilmar mere slightly down. The short seller also accused Adani Group chairman Gautam Adani’s brother Vinod Adani of running a network of offshore entities. Hindenburg also accused the Adani Group of running shell companies out of tax havens like Mauritius and having substantial debt. The group’s m-cap stood at Rs 8,90,750 crore as of Tuesday. Senior debt refers to the borrowed money that a company must repay first if it goes out of business. The restricted group’s credit profile is supported by structural enhancements, such as a defined cash waterfall and limits on the incurrence of additional debt.” Rating agency Fitch Ratings has said that two subsidiaries of the ports-to-power conglomerate Adani Group are exposed to higher contagion risks which could impact financial flexibility. The development comes after Adani Group’s market capitalisation (m-cap) dropped by Rs 80,000 crore to less than Rs 9 lakh crore in three days as of March 28. It also added that the group’s US dollar bonds will mature only from mid-2024.

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Adani stocks rebound as group rebuts debt repayment reports; all 10 ... (Livemint)

The Adani Group has refuted a report about its ability to repay debt, easing renewed concerns about a crisis of confidence.

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Adani Group responds to report on partial payment of $2.15 bn debt ... (Business Today)

Adani Group reiterated that the group completed the full prepayment of margin-linked share backed financing aggregating to $2.15 billion.

TRENDING [Old vs New Tax Regime? The group responded by saying that there have been incremental payment of $134 million after the February 6 ($1,114 million or $1.11 billion) and March 7 ($902 million) press releases, resulting in the updated figure of $2.15 billion for the press release of March 12. In its response, Adani Group said that according to SEBI, disclosure obligations on pledge or release of 5 per cent or higher is not applicable – except for Adani Ports & SEZ. It also said that the promoters have also prepaid the $500 million facility that was taken for Ambuja acquisition. It said that any share pledge or release is reported by a system driven disclosure (SDD) mechanism, and no separate filing is required to be made. The report had stated that after Adani’s prepayment announcement, only pledged shares of Adani Ports & SEZ have been released and the pledged shares of Adani Green and Adani Transmission have not been released by the banks even after a month after the repayment. Since the Hindenburg report, no new operating company facilities have been availed. It reiterated that the group completed the full prepayment of margin-linked share backed financing aggregating to $2.15 billion. The March 12 release, as mentioned in the response above, stated that Adani Group has completed the “full prepayment of margin linked share backed financing aggregating to $2.15 billion, well before the committed timeline of 31 March 2023”. It also said that neither the company, nor the lenders have made any disclosures regarding the same. The Ken reported that while Adani Group claimed to have repaid about $2.15 billion, a large portion of promoters’ shares is yet to be released by the lenders.

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Adani Group calls The Ken report on loan repayment baseless ... (Economic Times)

There has been incremental prepayment of $134 million completed after the press release of 6 Feb 2023 ($1114 million) and 7 Mar 2023 ($902 million), ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Adani has completed full prepayment of margin linked share backed financing aggregating to $2.15 billion (see our media release of 12 Mar 2023) and all corresponding shares pledged for those facilities have been released," a company release said. But neither the Adani Group nor the lenders have made these disclosures to stock exchanges”. “As per the present rules, any share pledge or release is automatically reported by system driven disclosure (SDD) mechanism of the depository participant, and no separate filing is required to be made. Accordingly, SAST disclosure was applicable only to Adani Ports. As per Indian laws, disclosures on the release of shares need to be filed with stock exchanges by lenders within two working days, and by promoters within seven working days. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) “There has been incremental prepayment of $134 million completed after the press release of 6 Feb 2023 ($1,114 million) and 7 Mar 2023 ($902 million), resulting in the updated debt figure of $2.15 billion for the press release of 12 Mar 2023,” the release has further clarified. Therefore, only Adani Ports’ disclosure has been filed as per Sebi SAST regulations. However, the Sebi stipulates disclosure obligations on pledge or release of 5% or higher number of shares of the company, which in this case is applicable only to Adani Ports and is not applicable to Adani Transmission and Company has revealed its share pledge position as on 31 December 2022 and the current share pledge position as on 27 March 2023 (factoring in current stock prices).

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Adani Group stocks recover day after falling sharply. Here's why (India Today)

Adani Group made a strong recovery during Wednesday's trading session as shares of all 10 listed companies gained. Here is all you need to know.

However, the report published by The Ken claimed otherwise. Adani Ports and Special Economic Zone (APSEZ) was also up 4.45 per cent to Rs 619.80. Rejecting the claim, the Adani CFO said: "The deliberate subterfuge will be clear to all once exchanges update the data post end of the quarter." Adani-owned ACC, Ambuja Cement and ACC also gained. It may be noted that the Adani Group had announced earlier this month that it had prepaid $2.15 billion of share-backed financing. Singh also added that the data will be updated on the exchanges after the end of the currency quarter.

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Image courtesy of "Times of India"

Adani group refutes reports on debt repayment concerns (Times of India)

India Business News: Adani group's plans to renegotiate terms on $4 bn of loans have raised concerns over its ability to repay its debts, according to a ...

Before the rebuttal, Sameer Kalra, founder of Target Investing, said the Ken report “increases the risks,” for the group in refinancing. These rules only apply to Adani Ports and not the transmission or green energy units, the conglomerate said. The Economic Times said Adani group had started talks with lenders to extend the tenor of a $3 billion bridge loan to a period of five years or beyond from the existing 18 months. “All share-backed facilities availed by the promoters have been paid off,” the group said in its statement late Tuesday. have been reduced substantially, with only residual share pledges corresponding to operating company facilities still outstanding, the statement said. The business news website said regulatory filings showed that banks have not yet released a large portion of founder Gautam Adani’s shares.

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Adani group stocks: Adani Group shares trade mixed; 3 counters hit ... (The Economic Times)

Adani Enterprises and Adani Ports, part of the flagship Nifty50 index, were the top gainers in the pack. Adani Enterprises traded at Rs 1618, up 1.09% while ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). [ACC](/acc-ltd/stocks/companyid-6.cms)was up 1.37% at Rs 1,636 while [Adani Power](/adani-power-ltd/stocks/companyid-23479.cms)rose 1.5% to Rs 176.45. [New Delhi Television](/new-delhi-television-ltd/stocks/companyid-16783.cms)( [NDTV](/new-delhi-television-ltd/stocks/companyid-16783.cms)) was trading at Rs 175.50, up 0.89% from Tuesday's closing price. [Adani Group stocks](/topic/adani-group-stocks)have lost between 22% and 80%. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Fitch said that they are prone to risks which could affect financial flexibility. Adani Enterprises traded at Rs 1,618, up 1.09% while [Adani Ports](/adani-ports-special-economic-zone-ltd/stocks/companyid-20316.cms)rose 1.5% to Rs 602.25. [ITC Plans ₹3kcr Yearly Growth Push](/epaper/delhicapital/2023/mar/29/et-front/itc-plans-3kcr-yearly-growth-push/articleshow/99071837.cms) [Women Athletes Score Record Brand Deals](/epaper/delhicapital/2023/mar/29/et-front/women-athletes-scorerecord-brand-deals/articleshow/99071869.cms) [‘Pledge-Repledge’ Model Mooted for Brokers, Investors](/epaper/delhicapital/2023/mar/29/et-front/pledge-repledge-model-mooted-for-brokers-investors/articleshow/99071846.cms) It also said all shares pledged for such loans have been released. [Ambuja Cements](/ambuja-cements-ltd/stocks/companyid-13643.cms)shares were at Rs 360.25, up 0.36%.

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Adani Green, Adani Total Gas, Adani Transmission shares hit lower ... (Business Today)

Adani Transmission got locked at 5 per cent lower circuit limit of Rs 965. Adani Green and Adani Total Gas also hit their respective 5 per cent lower ...

TRENDING Accordingly, SAST disclosure was applicable only to Adani Ports, the group noted. This is after a report by The Ken raised questions about whether the group actually has repaid debts worth $2.15 billion. Adani Wilmar was down 0.34 per cent at Rs 367.05. Adani Power advanced 0.66 per cent to Rs 175. Adani Ports rose 1.36 per cent to Rs 601.55. The group has lost just over Rs 97,000 crore in market value in four sessions now. Adani Green and Adani Total Gas also hit their respective 5 per cent lower circuit limits. [Adani Total Gas](https://www.businesstoday.in/stocks/adani-total-gas-ltd-atgl-share-price-364636) and Adani Transmission hit their 5 per cent lower circuit limits. Three group stocks namely Adani Green Energy, Two group shares Adani Wilmar and [Adani Enterprises](https://www.businesstoday.in/stocks/adani-enterprises-ltd-adanient-share-price-366536) were flat at the timing of writing this report. The report prompted a fresh bout of selling in Adani group stocks.

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Adani Group stocks trade higher after 2-day fall; Adani Enterprises ... (The Hindu BusinessLine)

Adani Group CFO tries to clarify present data not matching the conglomerate's statement of repaying all the $2.15 b of share-backed debt.

In a January 24 report, US short-seller Hindenburg Research flagged "substantial" debt levels at the group while alleging accounting fraud and the use of offshore shell companies to inflate stock prices. "...they know that relevant exchanges will update end of quarter," he said in a Twitter post. The group stocks were down on Tuesday amid reports on debt payment not matching with pledged shares data. [Adani Enterprises](https://www.thehindubusinessline.com/stocks/adani-enterprises-ltd/) jumped 5.46 per cent, [Adani Power](https://www.thehindubusinessline.com/stocks/adani-power-ltd/) climbed 4.98 per cent, [Adani Ports and Special Economic Zone](https://www.thehindubusinessline.com/stocks/adani-ports-special-economic-zone-ltd/) (4.70 per cent), Adani Wilmar (4.22 per cent) and [Adani Green Energy](https://www.thehindubusinessline.com/stocks/adani-green-energy-ltd/) (4.15 per cent) on the BSE. [Singh termed reports suggesting that the company's March 7 and March 12 announcements did not match with the information available on stock exchanges "deliberate misrepresentation".](https://www.thehindubusinessline.com/companies/after-stock-rout-adani-terms-reports-on-pledge-shares-baseless/article66673218.ece) [Adani Transmission](https://www.thehindubusinessline.com/stocks/adani-transmission-ltd/) went up by 2 per cent, Adani Total Gas (2 per cent), [Ambuja Cements](https://www.thehindubusinessline.com/stocks/ambuja-cements-ltd/) (1.94 per cent) and ACC (1.92 per cent).

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Image courtesy of "The Economic Times"

Adani Group calls The Ken report on loan repayment baseless ... (The Economic Times)

There has been incremental prepayment of $134 million completed after the press release of 6 Feb 2023 ($1114 million) and 7 Mar 2023 ($902 million), ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). Adani has completed full prepayment of margin linked share backed financing aggregating to $2.15 billion (see our media release of 12 Mar 2023) and all corresponding shares pledged for those facilities have been released," a company release said. “As per the present rules, any share pledge or release is automatically reported by system driven disclosure (SDD) mechanism of the depository participant, and no separate filing is required to be made. But neither the Adani Group nor the lenders have made these disclosures to stock exchanges”. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Accordingly, SAST disclosure was applicable only to Adani Ports. As per Indian laws, disclosures on the release of shares need to be filed with stock exchanges by lenders within two working days, and by promoters within seven working days. “There has been incremental prepayment of $134 million completed after the press release of 6 Feb 2023 ($1,114 million) and 7 Mar 2023 ($902 million), resulting in the updated debt figure of $2.15 billion for the press release of 12 Mar 2023,” the release has further clarified. However, the Therefore, only Adani Ports’ disclosure has been filed as per Sebi SAST regulations. Sebi stipulates disclosure obligations on pledge or release of 5% or higher number of shares of the company, which in this case is applicable only to Adani Ports and is not applicable to Adani Transmission and Company has revealed its share pledge position as on 31 December 2022 and the current share pledge position as on 27 March 2023 (factoring in current stock prices).

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Image courtesy of "Times of India"

Fitch says contagion risks loom over two Adani entities (Times of India)

India Business News: Ratings agency Fitch said that Adani Transmission Ltd and Adani Ports and Special Economic Zone are prone to risks, according to a note ...

Fitch still said "cash flow generation from January 2023 to March 2024 will boost the liquidity of the rated groups." Fitch early last month said it had seen no immediate impact on its ratings of Adani group entities and their securities following short-seller Hindenburg Research's January 24 report on the conglomerate. Fitch said that Adani Transmission Ltd and Adani Ports and Special Economic Zone are prone to risks, according to a note released late on Tuesday.

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Contagion risks loom over 2 Adani companies: Fitch (Economic Times)

The problems at the Ahmedabad-headquartered Indian multinational conglomerate started after a scathing Hindenburg Research report published on 24 January ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) The US-based credit rating agency opined that the debt of Adani group’s rated Indian entities as of end-December 2022 was offshore and largely secured, with US dollar bonds that will mature only from mid-2024. Since then, the Adani Grop companies have seen a significant erosion in their market caps. [‘Pledge-Repledge’ Model Mooted for Brokers, Investors](/epaper/delhicapital/2023/mar/29/et-front/pledge-repledge-model-mooted-for-brokers-investors/articleshow/99071846.cms) However, it added that the ratings of restricted groups would not be constrained at ‘BBB-’ at this stage if other factors driving their credit quality improve.

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Adani Group refutes report on pledged shares (Times of India)

India Business News: MUMBAI: Adani Group revealed on Tuesday its promoters' latest stock pledge positions related to four listed companies after a media ...

which exist in share backed financing, the Adani Group said. The report also said no regulatory filings indicate a reduction in pledged stock by promoters after the group announced they had settled share-backed loans. Their stock pledge position lowered after the conglomerate settled share-backed debt worth $2.15 billion.

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The Adani Group repaid its loans against promoters' shares. But the ... (The Ken)

Despite the Adani Group's claim of “complete” repayment of ~$2B in debt, filings show banks haven't released a large portion of the promoters' pledged ...

In response to this, the Adani Group’s media statement said that after the first two tranches, there was an “incremental prepayment” of $134 million. Nonetheless, we have now revised the chart in the story with the latest figures to reflect newer information. The Ken’s story was published 9.5 hours earlier, at 8 am on the same day. As we have mentioned earlier, the SDD page was updated with additional disclosures about pledged Adani group shares 9.5 hours after the story was published. This statement was shared with the stock exchanges and The Ken on the morning of 29 March. In response to the data published in the story on the promoters’ pledged stake in Adani Green Energy Ltd (6.9%), Adani Enterprises Ltd (2.7%), Adani Transmission Ltd (8.1%), and Adani Ports Ltd (10.8%) as on 27 March, the statement provided revised numbers for the same.

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एक रिपोर्ट और अडानी समूह के सभी शेयरों में तूफानी तेजी, निवेशक गदगद (Hindustan हिंदी)

Adani group stock: अडानी समूह की सभी 10 लिस्टेड कंपनियों के शेयरों में बुधवार को बढ़त रही।

हालांकि, विभिन्न रिपोर्ट में कहा गया है कि शेयर बाजारों को दी गयी सूचना के अनुसार समूह की कंपनियों... [UPI ट्रांजैक्शन पर अब देना होगा चार्ज? [हिंदी न्यूज़](/) [बिजनेस](/business/)एक रिपोर्ट और अडानी समूह के सभी शेयरों में तूफानी तेजी, निवेशक गदगद

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