Adani Group pre-pays over $900 million worth share-backed financing

Promoters of the group’s flagship firm, Adani Enterprises will release 31 million shares, or a 4% stake, while Adani Ports’ promoters will release 155 million shares, or an 11.8% stake, the group said in a statement. Promoters of Adani Green Energy and Adani Transmission will release 1.2% and 4.5% stakes in the respective companies.

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