Adani Group issues clarification on ACC, Ambuja pledged shares
Shortpedia
Content Team
Image Credit: business today
The Adani Group, promoter of both ACC and Ambuja Cement, clarified in a statement on Wednesday that no shares of either the company’s subsidiaries, ACC or Ambuja, have been pledged by the promoters as part of their acquisition financing. The statement also added that they have provided only a non-disposal undertaking.
