Firm Adani Repays ₹1,500 Crore To SBI Mutual Fund, Aditya Birla Sun Life


Adani Gates and the Special Economic Zone has repaid a loan of Rs 1,500 crore and will repay another Rs 1,000 crore in commercial paper in March. Adani Group firm paid Rs 1,000 crore to SBI Mutual Fund and Rs 500 crore to Aditya Birla Sun Life Mutual Fund on trade papers maturing on Monday as scheduled.


“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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