Latest Hindenburg allegations ‘malicious’ and no more than red herrings: Adani Group ...Middle East

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Latest Hindenburg allegations ‘malicious’ and no more than red herrings: Adani Group
Ahmedabad: The Adani Group on Sunday vehemently rejected the latest allegations by Hindenburg Research as “malicious, mischievous and manipulative selections of publicly available information” to arrive at “pre-determined conclusions for personal profiteering with wanton disregard for facts and the law”. In a stock exchange filing, the Group completely rejected these allegations “which are a recycling of discredited claims that have been thoroughly investigated, proven to be baseless and already dismissed by the Honourable Supreme Court in January 2024”. “For a discredited short-seller under the scanner for several violations of Indian securities laws, Hindenburg’s allegations are no more t

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