Adani Ports and Particular Financial Zone has repaid Rs 1,500 crore mortgage and can pay off every other Rs 1,000 crore in industrial papers due in March.
The Adani Staff company paid Rs 1,000 crore to SBI Mutual Fund and Rs 500 crore to Aditya Birla Solar Lifestyles Mutual Fund on industrial papers that matured on Monday, as scheduled.
“This phase prepayment is from the prevailing money stability and budget generated from the industry operations,” an organization spokesperson stated.
“This underscores the arrogance which the marketplace has positioned at the prudent capital and liquidity control plan for the crowd.” An SBI MF spokesperson stated it has no additional publicity.
“SBI MF had an publicity of round Rs 1,000 crore to Adani Staff, which has been repaid on adulthood. We haven’t any additional publicity to the Adani Staff,” the spokesperson stated.
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