Adani promoters recycled capital within portfolio: Group
"Today, Adani group manages a portfolio of companies - 10 as of today. By 2033, there would be 14 or 15 of them. The promoters have an objective to hold a certain percentage of equity in the portfolio. So, when they recycle capital within the portfolio, it is an act of rebalancing," an Adani Group spokesperson told ET over email.
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