Adani Enterprises, Adani Ports Promoters Pledge Shares

Adani Enterprises said on Sunday that its promoters Gautam Adani and Rajesh Adani have pledged an additional 1.65 crore shares, or 1.50 per cent stake, to STCI Finance Ltd. 

 

The company said in a disclosure to the stock exchanges that with this transaction, the total number of shares pledged by Gautam Adani and Rajesh Adani in Adani Enterprises have gone up to 10.01 per cent of the total share capital. 

 

Adani Enterprises said the shares were pledged on August 24 on account of "loan of group company". 

 

In a separate disclosure, Adani Ports and Special Economic Zone's (APSEZ) said Gautam Adani and Rajesh Adani have pledged over 1.34 crore shares, or 0.66 per cent stake, in the company to STCI Finance Ltd.The statement also said that they have released over 2.01 crore shares pledged earlier. 

 

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