Gautam Adani Hails SEBI Clean Chit, Says Hindenburg Report Strengthened Adani Group’s Foundations

Adani Group Chairman Gautam Adani says ‘truth has prevailed’; Rejects Hindenburg Research

Adani Group Chairman Gautam Adani, in a letter to shareholders on Wednesday, hailed India’s markets regulator for rejecting major claims from short-seller Hindenburg Research, calling it a clear affirmation of the company’s governance standards and declaring that “truth has prevailed.” Adani noted that the regulator’s decision closes a chapter that began more than two years ago, when the short-seller report erased $150 billion in market value an…

Gautam Adani Hails SEBI Clean Chit, Says Hindenburg Report Strengthened Adani Group’s Foundations

Adani Group Chairman Gautam Adani on Wednesday said that the Hindenburg Research report of early 2023 was not just an attack on his conglomerate but a challenge to India Inc.’s global ambitions. In a letter addressed to shareholders, Adani hailed the recent SEBI order clearing the group of two major allegations — stock manipulation and […] The post Gautam Adani Hails SEBI Clean Chit, Says Hindenburg Report Strengthened Adani Group’s Foundations …