Do not hide the scam under the guise of nationalism; Hindenburg Research’s Adani Group Reply A to Z Counsel

New Delhi : The blame-game session between Adani Group and Hindenburg Research in America is still interesting. The scam done by the Adani group is not going to come under the guise of nationalism. We do not comment on the serious allegations made by them; their bold explanations are questionable, according to Hindenburg Research on Monday.

Intervening on the serious allegations made by Hindenburg Research, the Adani group responded for two consecutive days. Or the group revealed a total of 413 water on Sunday. The Hindenburg report is a planned attack on India. Yes, this is an allegation in favor of Indian organization and progress of India, such an allegation would have been exposed by Adani Group. Hindenburg Research responded quickly.

अम्ही विचरल्ये 62 पैकर्णना पैकी 88 पार्णना अदनी ग्रूप उत्तर देव शकला नहीं, यक्डे हिंडनबर्गने लक्ष वेधले। We believe that Indian democracy prevails. The future of India is very bright and as a superpower the country is rising. But in this the Adani group is digging holes, we agree. Scam is a scam. That’s why the scam by the world’s leading wealthy businessmen is not visible, Hindenburg said.

Adani Group has been accused of violating the Securities Market and Foreign Exchange Act. He didn’t say anything concrete about it. Yet we reject their accusations, as Hindenburg clarified.

Jallianwala’s relation!

After Hindenburg’s report became public, the share price of Adani Group’s registered companies decreased by thousands of crores. As a result, Adani’s wealth decreased by about six billion dollars (Rs 4,89,20,64,00,000). Adani’s FPO, which was opened on 27th January, also did not get good response from the investors. When asked whether Indian investors have faith in the Hindenburg report, Adani Group CFO Jugeshinder Singh cited the example of the Jallianwala Bagh massacre. Following the order given by General Dyer, his 50 Indian soldiers would have killed at least 379 innocent Indians, he said.