The move would require lenders to issue some shares of Adani group companies that were pledged as collateral, Bloomberg reported, citing a person with knowledge of the matter.
As per reports, the group has not faced margin calls on these pledges and is actively seeking prepayments.
Bloomberg reported that the main priority is to address any concerns about margin calls and that Adani executives will speak with investors in the coming days and make all payments on time.
A spokeswoman for the Adani Group did not immediately respond to a Reuters request for comment outside business hours.
Reuters reported earlier that Adani Entities made scheduled coupon payments on outstanding US dollar-denominated bonds on Thursday, adding that it plans to issue a credit report by Friday that raised concerns about its liquidity by Hindenburg Research. Will remove the worries.
Since the Hindenburg report on January 24, Adani group companies have lost almost half their combined market value. Adani Enterprises – described as an incubator of Adani’s businesses – has lost $26 billion in market capitalisation.
Adani’s market loss exceeded $ 100 billion on Thursday.