According to the news, the company can repay the loan of 8000 crores.
Due to the Hindenburg Research report, the Adani group has lost more than a hundred billion dollars.
Most of the shares of Adani Group are at a loss. Gautam Adani's personal wealth has come down to $59.7 billion.
Adani Group Chairman Gautam Adani has slipped to number 18 in Forbes' list of Real-Time Billionaires.
After the loss to the company, Adani is now preparing to take this big step to win the investors' trust.
According to media reports, Gautam Adani Group may soon repay the loan of Rs 8000 crore in advance.
According to market sources, Adani Group is preparing to return 8000 crores within 30 to 45 days.
Adani Group has taken loans from several global banks including Credit Suisse, JP Morgan, and JM Finance.
This decision of Adani Group will reduce the worries of their investors and increase their confidence.
Gautam Adani Group withdraws its FPO, but soon the company may offer additional share securities.