Gautam Adani in talks to prepay share pledges to boost confidence: Report

Embattled billionaire Gautam Adani is in talks with creditors to prepay some loans backed by pledged shares as he seeks to restore confidence in his conglomerate’s financial health, a person with knowledge of the matter said.
 

The move would see lenders release some of the stock in Adani Group companies that was pledged as collateral, according to the person. The Indian group hasn’t faced margin calls on these pledges and is seeking the prepayment proactively, the person said, asking not to be identified as the details are private.

While there’s been no suggestion that Adani Group entities would struggle to