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Friday, March 2, 2012

Adani Enterprises promoters revoke pledge on group firm shares

3 march 2012
Promoter AdaniEnterprises Ltd revoked a pledge on 53.14 crore shares of Adani Power Ltd onMarch 1, according to a notice filed on the BSE on Friday. As on December 31,
Adani Enterprises held 70.25 per cent stake in Adani Power and had pledged 39.4
per cent of the company's shares with lenders.

source: business line

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