mumbai the gautam adani family has fully prepaid marginlinked sharebacked loans worth 22 billion rs 20494 crore way ahead of their maturity dates the conglomerate said in a statement on sunday last week they settled 133 million rs 1885 crore of sharebacked financing with this the family has repaid the entire sharebacked loans at the sponsor level the group said earlier they had repaid 202 billion rs 16577 crore of sharebacked loans in two phases in addition to the above the family last week also prepaid a 500 million rs 4098 crore bridge loan taken for the ambuja cements acquisition financing the repayments comes after the family raised 19 billion rs 15446 crore from australialisted usbased asset manager gqg partners the moves are aimed at restoring confidence in the conglomerates financial health report after hindenburg research published a scathing report on its business practices the family had acquired ambuja cements and its arm acc for 65 billion rs 53278 crore in september 2022 about 69 45 billion of the total consideration was financed through foreign borrowings at that time the promoters also announced an infusion of 244 billion rs 20000 crore in ambuja cements by way of warrants over and above the purchase cost of 65 billion adani group clarified that some of the recent share pledges pertained to a specific loan taken by adani enterprises not by the family there are some pledges for opco operating company level loans which have shares as collateral but these are very small they are less than 4 in adani transmission adani green energy adani enterprises and adani ports and have no margin call clauselast week sbicap trustee said that the adani group had pledged 076 of adani transmission and 099 of adani green energy earlier in february too it had said the conglomerate had pledged 011 of adani transmission 038 of adani green energy and 035 of adani ports