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Adani’s Response to The Short Selling Firm Hindenburg Research

Hindenburg Report Adani is a document released with an attempt to influence stock prices, lower them, and fabricate a marketplace.

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Adani’s Response to The Short Selling Firm Hindenburg Research

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  1. Adani’s Response to The Short Selling Firm Hindenburg Research

  2. In response to the fake accusations made in the Hindenburg Report Adani, the Adani Group stated that when they read the report, which is nothing more than a lie, released by Hindenburg Research on January 24, 2023, the “Madoffs of Manhattan,” they were shocked and extremely disturbed. The document is a malicious synthesis of selective disinformation and withheld information about unfounded and debunked claims to further a hidden agenda. There are many conflicts of interest in this, and the main goal is to inflate the value of securities so that Hindenburg—an acknowledged short seller—can profit illegally at the expense of many investors. The Group was quite worried about the unprecedented negative effect it will have on their investors.

  3. The Three Main Themes of the Hindenburg Report Adani The Adani Group expressed that while they were not responsible to address these erroneous claims made in the report, they still offer their answers to the “88 questions” posed in the report in the spirit of good governance, transparency to their stakeholders, and avoiding false markets.

  4. Disclosing Hindenburg’s Goals The report has been released with Hindenburg’s acknowledged intention to profit at the expense of Adani Group’s shareholders and public investors. Hindenburg holds short positions in several listed companies within the Adani portfolio through U.S. traded bonds, non-Indian traded derivatives, and other non-Indian traded reference securities. Hindenburg has published this report in obvious violation of applicable securities and foreign exchange laws and not for any charitable purpose.

  5. The Adani Group mentions that the fact remains that Hindenburg is a dishonest short seller. In the securities market, a short seller benefits from the subsequent decline in share prices. Hindenburg made “short positions” to cause the share price to spiral downward and make a wrongful gain. Hindenburg Report Adani is a document released with an attempt to influence stock prices, lower them, and fabricate a marketplace. Presently portrayed as truth, the accusations and claims quickly gained traction, wiping off a significant portion of investor capital and generating revenue for Hindenburg. Ultimately, this means that the general investors lose money as Hindenburg reaps unexpected profits. As a result, the report cannot be considered “well researched,” “independent,” or “objective.”

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