Adani Debt

Karan Adani, the Managing Director of APSEZ, has recently outlined the ambitious goals and benchmarks that he has set for APSEZ. Karan Adani mentioned that the logistics sector encompasses every sphere of economic activity. This makes the logistic infrastructure the key to the future of India. That is why the Adani Group has always been…

In response to Hindenburg research, Adani Group called the Hinderberg report’s claim of Adani’s failure to repay $2.15 billion in share-backed debt “baseless and deliberately mischievous.” The Adani Group announced that it has achieved a total payback of the Adani debt of $2.15 billion in margin-linked share-backed financing and that all matching shares pledged for those facilities…