Gautam Adani said that Hindenburg's scathing report last year was a “vague criticism”.
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At Adani Enterprises' Annual General Meeting on Monday, Gautam Adani said, “Typical short sellers target gains from financial markets. This was different. It was a two-sided attack – a vague criticism of our financial standing and, at the same time, an information distortion campaign, dragging us into a political battlefield.”
Gautam Adani said that Hindenburg's scathing report last year was a “vague criticism”.
US-based short seller Hindenburg Research stated that it was issued a "show cause" notice by the Securities and Exchange Board of India (Sebi) on...
Hindenburg Research's 2023 report against the Adani Group, one of the most impactful short-seller reports ever, erased up to $153 billion of market...
India's securities regulator has alleged Hindenburg colluded with another entity to help it short Adani Group.
The New York-based firm, in a statement, said it had while putting out the report that alleged "brazen stock manipulation and accounting fraud scheme...
Shares of the group's flagship firm, Adani Enterprises, slipped about 0.4 per cent in opening deals while those of Adani Ports inched up by 0.07 per...
Billionaire Gautam Adani's salary for the financial year was lower than his own executives and most of his industry peers such as Rajiv Bajaj and...
Last year, Hindenburg Research had accused the Adani Group of improper use of tax havens and flagged concerns about debt levels.