Adani Ports promoters release 56.6 million pledged shares

Adani Ports and Special Economic Zone (APSEZ) on Saturday said its promoters Gautam S Adani and Rajesh Adani on behalf of SB Adani Family Trust had released pledge on 56.6 million equity shares held in the company, comprising its 2.78 per cent holding. The promoter family trust holds 39.34 per cent in APSEZ. Adani Group in a BSE filing disclosed the “release of pledge on 56,619,000 equity shares of APSEZ”. Of this pledge on 15.3 million shares comprising 0.75 per cent holding were released on April 27, it said in the filing. Pledge on the remaining 41.2 million shares comprising 2.03 per cent holding was released on April 30, it added.