Adani group stocks continued to reel under selling pressure on Monday amid uncertainty over the conglomerate on Dalal Street. Adani group stocks such as Adani Enterprises (ADANIENT), Adani Ports (ADANIPORTS), and Adani Power (ADANIPOWER) have been facing a market rout since a report by US-based Hindenburg Research accused the Indian group of improper use of offshore tax havens and stock manipulation, charges Adani has denied.

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Here's a lowdown on some of the key news updates on the Adani group on February 13:

Adani group stocks out of NSE's surveillance framework

Two out of three Adani group stocks – Adani Ports and Ambuja Cements – have been removed from NSE's additional surveillance measures (ASM) framework, effective Monday.

The group’s flagship company – Adani Enterprises, Adani Ports and Ambuja were put under the framework earlier, in a bid to curb excessive volatility in the counters.

ALSO READ: Adani-Hindenburg Saga - Protect Indian investors’ interests against market volatility, says Supreme Court to Centre

Adani group firms pledge more shares

According to an exchange filing, three Adani Group companies have pledged additional shares for State Bank of India. Adani Ports, Adani Transmission and Adani Green Energy pledged shares to SBICAP Trustee Company, a unit of India's biggest lender SBI.

As many as 75 lakh more shares of Adani Ports have been pledged, taking the total to one percent of all shares, with SBICAP. Adani Green, pledge of 60 lakh more shares took the total to 1.06 percent. The pledge of 13 lakh more shares of Adani Transmission took the total to 0.55 percent.

Also Read: Most Adani group stocks bleed as MSCI reduces Adani Ent, Trans, Total Gas, ACC weight in indices

The additional pledges are part of a $300 million letter of credit – issued by a bank to another bank as a guarantee for payments made – provided by SBI for Adani Group's Carmichael coal mining project in Australia.

Adani Group: Moody’s Revises Rating

Moody's on Friday revised downwards the rating outlook on four Adani Group companies to 'negative' from 'stable' after a significant and rapid decline in their market value following the Hindenburg report.

Also Watch: Breaking News: SEBI Probes Adani's Links To FPO Investors 

"These rating actions follow the significant and rapid decline in the market equity values of the Adani Group companies following the recent release of a report from a short-seller highlighting governance concerns in the Group," the ratings agency said.

Adani group companies have lost $100 billion in market value since the US Hindenburg report.

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(With agency inputs)