{"id":566873,"date":"2023-03-31T09:07:19","date_gmt":"2023-03-31T03:37:19","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=566873"},"modified":"2023-03-31T09:38:48","modified_gmt":"2023-03-31T04:08:48","slug":"adani-ent-zooms-7-as-group-cfo-refutes-report-of-incomplete-debt-repayment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-ent-zooms-7-as-group-cfo-refutes-report-of-incomplete-debt-repayment\/","title":{"rendered":"Adani Ent zooms 7% as Group CFO refutes report of incomplete debt repayment"},"content":{"rendered":"<p>Shares of Adani Enterprises surged 7 per cent to Rs 1,708.65 on the BSE in Wednesday\u2019s intra-day trade, erasing its entire previous day\u2019s losses, on the back of heavy volumes after the company clarified that all share-backed facilities availed by the promoters have been paid off. <\/p>\n<p>On Tuesday, the stock of Adani Group flagship company slipped 7 per cent after The Ken, a digital publication, said that that the Group has not completed repayment of $2.15 billion in share-backed debt. From the recent closing high level of Rs 2,040 on March 8, 2023, the stock had corrected 21 per cent till yesterday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Adani Enterprises surged 7 per cent to Rs 1,708.65 on the BSE in Wednesday\u2019s intra-day trade, erasing its entire previous day\u2019s losses, on the back of heavy volumes after the company clarified that all share-backed facilities availed by the promoters have been paid off. On Tuesday, the stock of Adani Group flagship company slipped 7 per cent after The Ken, a digital publication, said that that the Group has not completed repayment of $2.15 billion in share-backed debt. From the recent closing high level of Rs 2,040 on March 8, 2023, the stock had corrected 21 per cent [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-566873","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/566873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=566873"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/566873\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=566873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=566873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=566873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}