Adani Enterprises case reaches Supreme Court, petition demands action against Hindenburg Research
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New Delhi : The Adani Enterprises case has now reached the Supreme Court. According to media reports, a Public Interest Litigation (PIL) has been filed in the Supreme Court on Friday against American financial research company Hindenburg Research, demanding action against Nathan Anderson, the founder of the Hindenburg Report. After the Hindenburg Research report became public, the shares of Adani Group companies continued to decline for the last seven days. The share of Adani Enterprises fell by 20 per cent in the Indian stock market.
Petition demands action against Nathan Anderson
According to a report in the English website India Today, a public interest litigation has been filed in the Supreme Court on behalf of advocate ML Sharma on Friday, demanding action against American short selling company Hindenburg Research and its founder Nathan Anderson. Is. Along with this, a demand has also been made in this petition to give compensation to the people who have invested in Adani Group companies.
Gautam Adani lost the crown of world’s top three rich
According to media reports, a report was issued by Hindenburg Research on January 24, 2023, in which Adani Group has been accused of rigging shares and accounting fraud. Only after this report became public, the shares of Adani Group companies continued to fall. Alam is that after the report of Hindenburg Research, Gautam Adani has slipped from third place to 15th place in the list of top 10 rich people of the world.
Shares of Adani Group companies continue to fall for the 7th day
Let us tell you that the shares of Adani Group companies continued to fall for the 7th consecutive day on Friday. During this, the stock of Adani Enterprises fell by 20 percent. Shares of Adani Enterprises fell 20 per cent to Rs 1,173.55 per share, which is its one-year low on the BSE. Apart from this, Adani Ports shares fell by 10 per cent. Not only this, Adani Transmission by 10 per cent, Adani Green Energy by 10 per cent, Adani Power by 5 per cent, Adani Total Gas by 5 per cent, Adani Wilmar by 4.99 per cent, NDTV fell by 4.98 per cent, ACC by 4.24 per cent and Ambuja Cements by three per cent.
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