Hindenburg tried to damage reputation: Gautam AdaniTop Stories

July 20, 2023 12:17
Hindenburg tried to damage reputation: Gautam Adani

(Image source from: Ndtv.com)

On the 31st Annual General Meeting (AGM) of Adani Enterprises, Gautam Adani raised his voice once again at Hindenburg Research for trying to defame his company’s reputation with its misinformation and discredited allegations.

Gautam Adani with out pointing Nathan Anderson founded Hindenburg, said that a US-based short seller published to short our stock as Adani Enterprises is planning to largest follow-up on public offerings in India. Adani in his last meeting after the publication said that the company will return the fund of investors, but very soon the times changed.

Adani also said that Supreme Court has looked into the regulatory failure and did not find any. He claims that the report only destabilizes the belief of Indian investors and markets. SEBI is yet to submit the report and Adani is confident about it as he claims that his company is committed.

Adani talks about the renewable energy arm of the Adani group in his AGM, which is planning to generate 20 GW of green energy through hydro renewable park in Khavda. The park was spread across 72,000 acres. Adani said that they target to generate 45 GW of renewable energy by 2030. Adani Enterprises Ltd's share price is completely seeing the uptrend in NSE and BSE today with Adani's strong predictions.

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