Spark that makes a big Adani”: Gautam Adani after Sebi order/adani green share price
Acceptance of stress on employees and their families, Gautam Adani compared the dispute with “fireplace (by fire by fire) and requested them to see them as a spark for the last three years, who created a major Adani.
Gautam Adani has outlined the next phase of the Adani group’s development after the Securities and Exchange Board India F India (SEBI) cleared the allegations against it by Hindanburg research. In a message to employees, the chairman of the Adani Group said that this group would now accelerate innovation, strengthen transparency and build for long -term value.
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According to the news agency PTI, “Today, the cloud hanging over us has been removed for more than two years.” “In a comprehensive investigation of Sebi since 2022, all the allegations contained in the Hindiburg report have been rejected.”
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adani green share price
Accepting the stress on employees and their families, Mr. Adani compared the controversy to “fireplace” (trial by fire) and the last three years “sparks that made a big Adani.”
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He conveyed his message against the digital background showing a bowl from the Mahabharata. During the Kurukshtra war, the bow was run by Arjun, one of the five Pandav brothers. It is believed that it was created by the gods and the fire was given by the fire God Agni, which makes him a divine means of war.
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In January 2023, a Hindendburg report accused Adani group of stock manipulation, accounting irregularities and routing funds by SH Fashore entities, in which billion was destroyed by more than $ 150 billion in market value. The group gave them “selective incorrect information.” Count, reject the charge.
Last week, the SEBI said in two orders that there was no evidence that related party transactions have been used to use money in Adani companies. He also ruled that the deals flagged by Hindindburg were not eligible as a relevant transaction under Indian law. \
Mr. Adani described the episode as a “targeted, multidimensional attack”.
He praised his employees, “When the world discussed us, expanding our ports, more lengths of transmission lines, power plant reliably, renewable projects green, advanced, cement furnace, and looted logistics teams.”
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He added that the group showed that “execution under pressure is the Trust Test of the character, and the Adani character is just incomprehensible.”
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Looking forward, Mr. Adani listed a priority, including fantasy transparency, ENERGY zones and faster innovation in the structure and a permanent inheritance. He told the employees, “We should make it not for today’s greetings but for decades. The headlines fade, but what we make should leave its mark on history.” He said, “Integrity and transparency must be the foundation of everyone we do, and relentlessly secure,” he said. \
With the support of global investors, such as GQG Partners and International Holding Company of the international organizations, which are aggressively diverse in the last decade, gain market value, with steps to reduce Debt. Adani enterprise shares increase by more than 80 percent from year-to-year-to-year, which leads to the Nifty. \
Signing his message with “Satyameva Jayate, Jai Hind”, Mr. Adani said, “Let history be remembered for the last three years as a spark that has made a big adad.
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TITEL
“The Spark That Built A Greater Adani”: Gautam Adani After SEBI Order
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