Adani mortgaged 2 companies, what will Adani do now to repay the loan, understood from the expert. Adani mortgaged 2 companies, what will Adani do now to repay the loan, understood from the expert

The Adani Group is working on a strategy to repay its debt as soon as possible and is pledging fresh shares for debt repayment. On Monday, shares worth Rs 7374 crore were redeemed by the group. After this, the group also said that in exchange for some shares in Adani Green and Adani Transmission, the group raised capital from SBI Trustee. SBI Trustee now holds 2 per cent stake in Adani Green and 1.32 per cent in Adani Transmission. On the other hand, Adani Power, a group company, decided to merge its 6 subsidiaries with itself. However, there has been a continuation of downgrades of Adani Group companies by rating agencies. India Ratings has downgraded Adani Enterprises and Adani Green from stable to negative.