Dollar Bonds Of Adani Group Firms Rise Marginally Higher - Qoneqt
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    Sonal Shridhar Shinde in News

    20-Apr-2023 10:16 AM


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    Dollar Bonds Of Adani Group Firms Rise Marginally Higher

    Adani Ports said it will consider a buyback of securities.
    The U.S. dollar-denominated bonds issued by entities of India's Adani Group were trading marginally higher on Thursday after a group company said it will consider a buyback of securities.
    The company will consider the buyback of securities, which will either be denominated in Indian rupees or the U.S. dollar, in this financial year.
    The dollar bonds of Adani Ports, Adani Transmission, Adani Green Energy, and Adani Electricity Mumbai were all trading somewhat higher.
    However, India's market regulator is looking into Hindenburg's allegations as well as the group's related party dealings following a Supreme Court directive.
    Source: NDTV