The Adani Group repaid its loans against promoters’ shares. But the disclosures don’t add up https://the-ken.com/story/the-adani-group-repaid-its-loans-against-promoters-shares-but-the-disclosures-dont-add-up/ Sudarshan Bhandari, Nimish Maheshwari, 28 Mar 2023 The Adani Group claimed “complete” repayment of $2.15 billion in shares-backed debt. But it's not so straightforward

Neither banks nor listed Adani companies have made disclosures to stock exchanges regarding the release of Adani companies’ pledged shares The group’s loan repayments came amid lenders’ margin calls, which may have forced the group to repay part of the loan instead of pledging more shares  The Adani Group's recent claims regarding the release of shares appear to be in conflict with the numbers disclosed in their stock-market filings

on 29th March https://www.bseindia.com/xml-data/corpfiling/AttachLive/7bfdcea2-f241-4ff9-b6da-574393af8e0d.pdf..: The Adani Group strongly refutes the news report published by
The Ken, a digital publication, which makes the baseless and deliberately mischievous claim
that the Group has not completed repayment of USD 2.15 billion in share-backed debt.
Adani has completed full prepayment of margin linked share backed financing aggregating to
USD 2.15 billion (see our media release of 12 Mar 2023) and all corresponding shares pledged
for those facilities have been released.

फिर शुरु हुए अडानी के बुरे दिन, अब कौन सी पोल खुली? https://www.youtube.com/watch?v=SA1X8bWbiMM GIRIJESH VASHISTHA 29 March 20023  Adani Group's shares were in recovery mode after the Hindenburg report on February 27, but in the last three days, they have fallen sharply. As a result, Adani Group suffered a strong setback of INR 80,000 crores. The market capitalization of Adani Group's companies saw a decline of 8.23% in just three days. In just three days, Adani Group's market cap fell from INR 9,70,730 crores on March 23 to INR 8,90,750 crores.

According to corporate database AceEquity's figures, Adani Group's market cap declined to INR 29,931.64 crores on Monday and INR 594.18 crores on Friday. The group's flagship company, Adani Enterprises, fell 7.08% on Tuesday to INR 1,601.25. This is an 11% decline in just three days. Adani Ports also fell by 5.11% to INR 596.95, which is a decline of 8.55% over three days.

अडानी ग्रुप लगातार फ्रॉड पर फ्रॉड किए जा रहा है ? सारी एजेंसी एक बात बोल रही हैं #hindenburg https://www.youtube.com/watch?v=prv8sEJnJQc  Bolta Hindustan29.3.2023

 

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