Adani Group pledges stake worth $13 billion in Ambuja Cements and ACC

According to regulatory updates on Tuesday, billionaire Gautam Adani-led group has encumbered its 63.15 per cent stake in Ambuja Cements and 56.7 per cent stake in ACC (of which 50 per cent is held by Ambuja) to the Hong Kong Branch of Deutsche Bank AG.

from Moneycontrol Business News https://ift.tt/ULhuQDW