Adani AGM: In the Annual General Meeting of Adani Group, Gautam Adani said that the purpose of Hindenburg Research’s report was to earn profits by reducing the shares of Adani Group.)
Adani First AGM after Hindenburg Report Gautam Adani said we were accused with wrong allegations
Under the AGM of Adani Group, the Annual General Meeting (AGM) 2023 of Adani Enterprises and Adani Total Gas was held today. Adani Group Chairman Gautam Adani has addressed the shareholders and officers of the companies in this AGM. Both the companies had already informed about this to the stock exchanges
Gautam Adani spoke openly about the report of Hindenburg Research
Gautam Adani also spoke openly about the report of Hindenburg Research and said that Hindenburg issued a false report against us on the eve of Republic Day in which false allegations were made against us and an attempt was made to hurt the Adani group.
We have withdrawn the FPO in the interest of investors – Gautam Adani
This short seller from America brought out a report against Adani group to fulfill his interests and its timing was very deliberately kept at the time of Adani’s FPO. The impact of this report was also seen on the price of shares of Adani Group and a lot of ups and downs were seen. We have withdrawn the follow-on public offer to safeguard the interests of our investors so that they do not have to bear the negative impact of the Hindenburg Research report.
Due to the allegations against us, the Supreme Court formed a committee, although the expert committee did not find any regulatory lapses. An attempt was made to tarnish our image, under which SEBI also has a case. SEBI has to submit the report to the Supreme Court and SEBI is relying on our disclosure to submit the report. Our track record has been excellent and investors’ faith in the Adani Group has remained intact in these difficult times. Although we were targeted and targeted, but the investors have faith in us.
