We Know The Investors, But KYC Is Not For Us To Handle: Adani CFO To NDTV | Read

PUBLISHED ON: June 16, 2021 | Duration: 4 min, 10 sec

  
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Two days after a bloodbath at the markets where shares of Adani Group fell as much as 25 per cent, amid reports that the National Securities Depository Limited (NSDL) had frozen the accounts of three foreign portfolio investors, the Chief Financial Officer of Adani Group, in an exclusive interview to NDTV, said that the group was aware of the identity of key investors in foreign portfolios which have invested heavily in the company but did not name any specific individuals. "We know the investors,'' said Jugeshinder Singh, the Chief Financial Officer of the ports to energy sector conglomerate, days after an Economic Times report stated that the accounts of Mauritius-based Cresta Fund, Albula Investment Fund and APMS Investment Fund had been frozen by the NSDL.
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