New Delhi: Adani Ports and Special Economic Zone Ltd (APSEZ) on Monday sought to play down a media report that claimed three Adani group companies were planning to raise $2 billion from Japanese markets, saying the article does not pertain to any concrete or imminent fundraising decision.
In a clarification filed with stock exchanges under Regulation 30 of the SEBI Listing Regulations, the company said it routinely evaluates financing, refinancing and fundraising options as part of its normal capital management plan to meet future growth requirements. Availing of financial facilities by the company or its subsidiaries is a regular course of business, it added.
“The press report does not relate to any impending or specific action, decision or proposal of the company and therefore it has no material impact on the company, its operations, financials or any other matter,” APSEZ said in its filing, referring to the February 1 article published on a business news website.
The company also said it would make appropriate public disclosures in line with SEBI regulations and applicable laws as and when any disclosable event arises.
Shares of Adani Ports have been in focus amid heightened investor scrutiny of group companies’ capital-raising plans, even as the company continues to outline long-term growth ambitions across ports, logistics and associated infrastructure.