Adani group has asked for extra shares in favor of the SBICAP Trustee. The step has been taken because the group had to maintain the collateral security coverage to 140 percent as one of the covenants about the existing loan, and hence it has pledged a top-up. The Decision has been shared by SBI on … Continue reading Adani Group needs to maintain a collateral security coverage of 140% as three firms transfers additional shares: SBI