The NSE and the BSE, India’s two largest stock exchanges, have sought a clarification from Adani Enterprises following conflicting reports on Wednesday about the group securing a $3 billion loan from a sovereign wealth fund.

Reuters first reported about Adani securing the loan, citing two sources with knowledge of a memo that was circulated to participants as highlights of a three-day investor Adani roadshow. While the identity of the sovereign wealth fund was not disclosed in the memo, a third source told Reuters that Adani’s management had informed investors it was from the Middle East.

Various media reports late in the day said Adani had denied the news.

Adani held a series of investor meetings in Singapore on Monday followed by a two-day roadshow in Hong Kong in the group’s latest effort to soothe investor and stakeholder concerns in the wake of Hindenburg Research’s allegations against it. The New York-based activist short-seller has accused Adani of stock manipulation, accounting irregularities and misappropriation of funds, among other things.

On Tuesday, Adani executives said the group has enough money to repay debt over the next three years in addition to having an $800 million credit facility.

The conglomerate plans to prepay or repay up to $790 million in share-backed loans by the end of March, Reuters reported on Tuesday. It has already repaid over $1 billion worth of loans that were borrowed against shares ahead of their maturity.

Adani is also likely to buy back part of its commercial paper borrowings from some domestic mutual funds ahead of their maturity, we reported last month.

Adani group stocks jumped for a second straight day on Tuesday, with six of the 10 firms—Adani Green Energy, Adani Power, Adani Total Gas, Adani Transmission, Adani Wilmar and NDTV—hitting their daily upper limit of 5% in early trading. Shares of Adani Enterprises, the group’s flagship firm, closed nearly 15% up on Wednesday, and have gained about 30% in the last two sessions.

Read our coverage on the Adani Group here.