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Hindenburg report: Sebi discusses Adani firms with ratings agencies – EQ Mag

SEBI asked about the maturity profile of Adani Group debts, its liquidity, the founder’s leverage and the overall rating process India’s market regulator met with ratings agencies to discuss Adani Group companies, according to people familiar with the matter, after a short-seller’s scathing report eroded more than $69 billion of the conglomerate’s stock market value. […]

Arrival to convert Antara’s $20 million loan into equity – EQ Mag