Adani promoters prepay $1.1 bn in loans
Promoters of Adani Group companies said on Monday they have prepaid loans of up to $1.11 billion for the release of pledged promoter shares of some of its listed entities before the maturity date of September 2024. The group said this has been done “in light of recent market volatility and in continuation of the promoters’ commitment to reduce the overall promoter leverage”.
