Adani Group: Adani hit back at Hindenburg | Jagran Business- Watch Video

Adani Group Chairman Gautam Adani said that Hindenburg Research had deliberately released a damaging report on Adani Group. This was clearly aimed at damaging the reputation of the group and making profits through a fall in Adani's shares. In the annual report of Adani Enterprises, Gautam Adani also said that the group is fully confident about its governance and disclosure standards. At the same time, a disclosure has been issued by the Adani Group, under which an attempt has been made to fully expose the wrong purpose of Hindenburg Research.

In addition to the information given in the disclosure, Gautam Adani, in his message to its shareholders, said that "on the eve of our Republic Day, a US-based short seller published a report after we launched the largest follow-on public offering in India's history." (FPOs) we were planning to launch. This report was a combination of targeted misinformation and out-of-date, discredited allegations aimed at damaging our reputation and making profits through the deliberate driving down of our stock prices."

Gautam Adani also said that he has decided to bring back the FPO and has decided to return the investors' capital so that their interests can be protected. Along with this, it has been clarified in the disclosure that Adani portfolio companies and all its businesses have acted according to the rules and have followed the rules by staying in all the legal circles under which we come.