Key Points
Adani Annual General Meeting 2024: Gautam Adani, in his address to shareholders during the Adani Groups Annual General Meeting 2024 on Monday said that foreign short-seller Hindenburg Researchs damning report on the conglomerate was published with an aim to defame them and erode the groups hard-earned market value..
He underscored that despite the Hindenburg report and its aftermath, the group raised Rs 40,000 crore...
Talking about Hindenburgs report, Adani said, Typical short sellers target gains from financial markets..
Adani during his speech said that the decision to return the money was a testimony of their dedication to their investors and their commitment to ethical business practices..
In addition, our commitment to operational excellence and transparent disclosures was validated not only by rating agencies and the well-informed financial community, but also by respected global investors like GQG Partners, TotalEnergies, IHC, QIA and the US Development Finance Corporation all of whom chose to invest in us..
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