“This portion of the prepayment comes from existing cash balance and funds generated from operations,” said a company spokesperson. “This underlines the market’s confidence in the group’s prudent capital and liquidity management plan.”
A spokesperson for SBI MF said it has no further exposure.
“SBI MF had an exposure of around Rs 1,000 crore to Adani Group which has been repaid on maturity. We have no further exposure to Adani Group,” said the spokesperson.
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