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Adani Ports And SEZ Shares Rise As It Repays Rs 1500 cr To SBI Mutual Funds, Says It Will Prepay Another Debt Due In March

Adani Ports And SEZ Shares Rise As It Repays Rs 1500 cr To SBI Mutual Funds, Says It Will Prepay Another Debt Due In March
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Adani Ports to repay $605 million debt to improve corporate governance

The repayment in the year starting in April will improve net debt to earnings before interest, taxes, depreciation, and amortization ratio to about 2.5 times, the company said in an earnings statement on Tuesday.

Gautam Adani likely to prepay share pledges to boost confidence: Report

The key priority is to remove any concern about margin calls and Adani officials will speak with investors in coming days and will make all payments on time.

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