Meanwhile, foreign rating agencies Moody's and Fitch issued statements on Friday saying that adverse developments are likely to have no immediate impact on the credit ratings of Adani group entities. "There are also no near-term significant offshore bond maturities – earliest in June 2024 for Adani Ports and Special Economic Zone Limited (APSEZ, BBB-/Stable); December 2024 for Adani Green Energy Limited Restricted Group 1 (AGEL RG1, BB+/Stable); and 2026 or beyond for all other entities – reducing refinancing risks and near-term liquidity risks," the American credit ratings agency says in a report.