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"Baseless, Irrational, Absurd Allegations": Adani Group On Swiss Media Report

"Baseless, Irrational, Absurd Allegations": Adani Group On Swiss Media Report

NDTV
Thursday, September 12, 2024 07:29:27 PM UTC

"We have no hesitation in stating that this is yet another orchestrated and egregious attempt by the same cohorts acting in unison to inflict irreversible damage on our group's reputation and market value," the Adani Group said

The Adani Group has called a report in a Swiss media outlet an "orchestrated and egregious attempt by the same cohorts acting in unison" to harm the Group's reputation and market value. "Baseless, Irrational, Absurd Allegations": Adani Group On Swiss Media Report pic.twitter.com/utyl2IzGnx

US short seller Hindenburg Research in a post on X claimed that Swiss media outlet 'Gotham City' accessed Swiss criminal court records to allege an "Adani frontman invested in opaque... funds that almost exclusively owned Adani stocks..."

The Adani Group in a statement called the allegations baseless, preposterous, irrational and absurd.

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