This Article is From Jan 30, 2023

Adani Group Says Growth Trajectory Unaffected By Hindenburg Report

Speaking to media, Chief Financial Officer Jugeshinder Singh said retail subscription would see "some pull back" in a $2.5 billion secondary share sale of the group's flagship company, Adani Enterprises.

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India News
New Delhi:

The growth trajectory of the underlying businesses of Adani Group has not been affected by the Hindenburg Research report that sparked a $48 billion rout in its stocks, Chief Financial Officer Jugeshinder Singh said on Monday.

Speaking to media, Singh said retail subscription would see "some pull back" in a $2.5 billion secondary share sale of the group's flagship company, Adani Enterprises.

(Disclaimer: New Delhi Television is a subsidiary of AMG Media Networks Limited, an Adani Group Company.)

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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