hindenburg report on adani pdf 2023

hindenburg report on adani pdf 2023

Hindenburg Report on Adani PDF download link is given at the bottom of this article. You can direct download a PDF of the Hindenburg Report on Adani for free using the download button.

Hindenburg Report on Adani PDF Summary

Dear readers, today we are going to share Hindenburg Report on Adani PDF Download Free for all of you. Hindenburg Research LLC is one of the most popular investment research firms. It was founded by Nathan Anderson in New York City. The Hindenburg firm makes public reports through its official website.

In which it alleges corporate fraud and malfeasance. These reports also include a defense of the practice of short-selling and play an important role in “uncovering fraud and protecting investors” when the company held short positions prior to publishing the report.

Along with this, the Adani Group is one of the most famous and largest groups of companies in India that specializes in infrastructure projects in coal, ports, cement, green energy, and even edible oil. Mr Gautam Shantilal Adani is the owner of Adani group. Through this article, you can easily get Hindenburg's report on adani pdf format which will be very useful for you.

Hindenburg Report on Adani PDF

As per people’s demand, we are publishing this article about this. If you are excited about the Hindenburg research Adani report pdf download, follow this article. The owner of Hindenburg Research is Nate Anderson. He founded the firm in 2017 and specialized in forensic financial research.

On January 24, 2021, Hindenburg Research released a report on the Adani Group, led by Gautam Adani, the world’s third-richest person. The report alleged that the group was involved in massive and “brazen stock manipulation” and an “accounting fraud scheme.”

In response to the report, billionaire investor William Ackman tweeted that he found Hindenburg Research’s report on the Adani Group to be “highly credible”. The Adani Group has also stated that it may take legal action against Hindenburg Research for its allegations.

The Hindenburg report stated that the Us-based firm holds short positions in the Adani Group via US-traded bonds and non-Indian-traded derivatives. The Research disclosed its short position.

Hindenburg Research Report on Adani PDF Download

In the 36 hours, since we released our report, Adani hasn’t addressed a single substantive issue we raised. At the conclusion of our report, we asked 88 straightforward questions that we believe give the company a chance to be transparent. Thus far, Adani has answered none of these questions.

Instead, as expected, Adani has resorted to bluster and threats. In a statement to media today, Adani referred to our 106-page, 32,000-word report, with over 720 citations and prepared over the course of 2 years, as “unresearched” and said it is “evaluating the relevant provisions under U.S. and Indian laws for remedial and punitive action” against us.

Regarding the company’s threats of legal action, to be clear, we would welcome it. We fully stand by our report and believe any legal action taken against us would be meritless. If Adani is serious, it should also file suit in the U.S. where we operate. We have a long list of documents we would demand in a legal discovery process.

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