Adani Group may refinance Ambuja Cement acquisition loan via Adani Infra debt
Adani Group is considering raising debt through promoter-owned Adani Infra (India) Ltd to refinance debt used to acquire its listed cement business, Ambuja Cement.
MUMBAI, Sept.
3 -- The Adani Group is looking to borrow funds through one of the conglomerate's privately held and most profitable entities to refinance debt taken to acquire its listed cement business.The group is considering raising the debt through promoter-owned Adani Infra (India) Ltd to refin…