Adani Ports planning to prepay Rs 1,000 crore on CPs due in March
Adani Ports and Special Economic Zone, a group company of the beleaguered Adani Group, plans to prepay Rs 1,000 crore ($120.8 million) in commercial papers maturing in March, a company spokesperson said.
“This part prepayment is from the existing cash balance and funds generated from the business operations,” the spokesperson said in an email repose late on Monday.
Adani Ports has commercial papers worth Rs 2,000 crore due to mature in March, data from information service provide ..
Read more at: ECONOMIC TIMES
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