Though there hasn't been good days going for the Indian business tycoon Gautam Adani and his family and his companies stocks have also been selling under pressure but the billionaire made sure to not to disappoint his investors and build his confidence in them by repaying loans.

So, Adani Group Chairman paid off $1.1 billion (Rs 9,203 crore) worth of loans ahead of their scheduled payment to release pledged shares in three listed companies.

The funds which he repayed to his investors were not due until September 2024 and this repayment will release 168 million shares in Adani Ports, 27millin in Adani Green Energy and 12 million in Adani Transmission. The share totals accounted for 12 per cent, 3 per cent and 1.4 per cent of Adani's holding of the listed companies, respectively.

The loan was from a series of banks including Citibank, JPMorgan, Deutsche Bank, Barclays and Japan's SMBC Group, according to media reports.

By repaying loans early Adani is trying to demonstrate the financial strength of his empire.

He is showing to the world that $1.1bn is lying around in his back and he can easily give it back and although his share might fall but he's not in a desperate state.