Adani group refutes reports on debt repayment concerns

Adani group's plans to renegotiate terms on $4 bn of loans have raised concerns over its ability to repay its debts, according to a report by The Economic Times that sent shares tumbling. It has also been suggested that regulatory filings show banks have not released much of Gautam Adani's pledged shares, but the statement claimed that all "share-backed facilities availed by the promoters have been paid off".

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