Hindenburg report rubbish, figures stale – All Is Well in Adani Group

Jugshinder Singh said that he is surprised that Hindenburg Research made no effort to contact us or verify the factual matrix and published a report on 24 January 2023.

Adani GroupHas described the report of Hindenburg Research as completely baseless and beyond facts. Adani Group’s CFO Jugshinder Singh said that there is no fact of any kind in the allegations leveled against the company and it is motivated by maliciousness. He said that he is surprised that Hindenburg Research made no effort to contact us or verify the factual matrix and published a report on 24 January 2023.

Adani’s Group CFO Jugeshinder Singh said in a statement, the report is a malicious combination of misinformation and stale, baseless and slanderous allegations, which have been rejected by the highest courts of India.

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