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No refinancing, capital plans at HK roadshow, says Adani Group CFO

When asked "Are you looking to refinance any debt?" on the sidelines of the Hong Kong roadshow Tuesday, Singh said: "No, we don't have anything major at all"

Jugeshinder Singh, CFO, Adani Group (Photo: Bloomberg)
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Jugeshinder Singh, CFO, Adani Group (Photo: Bloomberg)

Dorothy Ma and Annabelle Droulers | Bloomberg
Adani Group isn’t seeking to refinance debt or inject capital, its finance chief said on the sidelines of an investor roadshow aimed at rebuilding confidence in the crisis-ridden Indian conglomerate.  
 
Chief financial officer Jugeshinder Singh made the remarks in response to questions from Bloomberg News while attending investor meetings in Hong Kong Tuesday, the final leg of an Asian tour that began in Singapore Monday. 

The three-day roadshow scheduled to end in Hong Kong Wednesday marks the latest effort by billionaire Gautam Adani’s group to reassure investors after US short-seller Hindenburg Research accused it of accounting fraud and stock manipulation. Singh’s

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First Published: Feb 28 2023 | 9:47 AM IST

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