Ahmedabad: In light of recent market volatility and in continuation of hte prmoter’s commeitment to reduce the overall promoter leverage backed by Adani Listed Company shares, we are pleased to inform that promoters have posted the amounts to prepay USD1,114 million ahead of its maturity of Sep 2024.
With the repayment of such amount, the following Adani Listed Company shahres shall be released in due course,
- Adani Port And Special Economic Zone Ltd: 168.27 million shares, representing 12 % of the promoters’ holding
- Adani Green Energy Limited: 27.56 million shares, representing 3 % of promoters’ holding
- Adani Trasmisson limited: 11.77 million shares, representing 1.4 % of promoters’ holding
This is in continution of promoters’ assurance to prepay all share backed financing.