Adani Group Says Growth Trajectory Unaffected By Hindenburg Report

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The growth trajectory of the underlying businesses of Adani Group has not been affected by the Hindenburg Research report.

That sparked a $48 billion rout in its stocks, Chief Financial Officer Jugeshinder Singh said on Monday.

Speaking to media, Singh said retail subscription would see “some pull back” in a $2.5 billion secondary share sale of the group’s flagship company, Adani Enterprises.

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