Adani Group continues to seek equity partners: Report1 min read . Updated: 07 Nov 2022, 12:45 PM IST
CreditSights said the conglomerate is venturing into new or unrelated businesses which are highly capital intensive. It has plans for four business verticals including energy and utility, transport and logistics, materials metals and mining, and consumer, said CreditSights.
Adani Group continues to seek strategic equity partners aligned with its long-term investment strategy, debt research firm CreditSights said in a report, flagging concern over the Group's elevated leverage.
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