Adani Shares Tumble on Report Group Seeking Time To Pay ACC, Ambuja Debt
The Adani Group is seeking to renegotiate the terms of outstanding loans worth $4 billion taken in August last year.
The Adani Group is seeking to renegotiate the terms of outstanding loans worth $4 billion taken in August last year for the acquisition of its cement assets - ACC and Ambuja Cements - from Switzerland-based Holcim group. Despite Market Rout, EPFO Continues to Invest in Two Adani Stocks.
Adani Shares Tumble:
Adani shares tumble on report group seeking time to pay ACC, Ambuja debt https://t.co/ciF4xHXbERpic.twitter.com/Rd0IGa2Sda
— Reuters (@Reuters) March 28, 2023
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(The above story first appeared on LatestLY on Mar 28, 2023 03:51 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
