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29Th Aug 2016
Adani Enterprises said on Sunday that its
promoters Gautam Adani and Rajesh Adani have pledged an additional 1.65 crore
shares, or 1.50 per cent stake, to STCI Finance Ltd. The Total Investment & Insurance Solutions
The company said in a disclosure to the stock
exchanges that with this transaction, the total number of shares pledged by
Gautam Adani and Rajesh Adani in Adani Enterprises have gone up to 10.01 per
cent of the total share capital. The
Total Investment & Insurance Solutions
Adani Enterprises said the shares were
pledged on August 24 on account of "loan of group company".
In a separate disclosure, Adani Ports and
Special Economic Zone's (APSEZ) said Gautam Adani and Rajesh Adani have pledged
over 1.34 crore shares, or 0.66 per cent stake, in the company to STCI Finance
Ltd. The Total Investment &
Insurance Solutions
The statement also said that they have
released over 2.01 crore shares pledged earlier.
With this, the total number of shares pledged
by Gautam Adani and Rajesh Adani in APSEZ have come down to 15.97 per cent of
the total share capital, from 16.29 per cent earlier.
Besides, another promoter entity Adani
Properties has released pledge on 22.06 lakh shares of APSEZ. This has brought
down its total pledged shares in the company to 4.28 per cent of the total
share capital.The Total Investment
& Insurance Solutions
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