Exclusive: Adani CFO On Freezing Of Accounts Of Investor Funds

PUBLISHED ON: June 16, 2021 | Duration: 22 min, 19 sec

  
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A day after a bloodbath on Monday at the markets where shares of the Adani group fell as much as 25 per cent, amidst reports that the National Securities Depository Ltd had frozen the accounts of three foreign portfolio investors, there has been a partial recovery after a clarification from the company. But there is continued pressure on these stocks even today. The Adani group, for its part, has said that the accounts of these foreign investors remain active contrary to what has been reported. However, key questions continue to be asked about the structure of the company, the nature of its investors and opacity in its dealings. Joining us to clarify all of this - the Chief Financial Officer of the Adani Group, Jugeshinder Singh.
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