Individuals and not group will make legal representation: Adani Group CFO

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Individuals and not group will make legal representation: Adani Group CFO - Business Standard

Quick Summary:

Singh said the release of the US DOJ order on November 21 also took them by surprise.“We never had any idea of that,” he said.“Nothing of this sort happened.

However, he added that there are certain fundamental factual discrepancies that the group will highlight once it receives legal approval over the next 10 days.

But there is a forum to address it, and we will address it.” Hindenburg Research in January 2023 released a report alleging financial irregularities at the group, which the conglomerate has since denied.