Says since matter is sub-judice, financial statements do not carry any adjustments
The meeting, held at Pawar's residence Silver Oak in south Mumbai this morning, lasted for nearly two hours, said PTI sources
Adani Enterprises and Adani Ports-both part of the benchmark Nifty 50 index-saw the highest increase in number of shareholders, mainly individual investors
Adani Group has sold stakes and conducted road shows to calm investors since Hindenburg made allegations of accounting fraud and share price manipulation against the group
The remarks came soon after Nationalist Congress Party (NCP) supremo Sharad Pawar said this panel will be more useful and effective than a joint parliamentary committee to probe the Adani issue
Pawar came out in support of the Adani Group and criticised the narrative around Hindenburg Research's report on the conglomerate
Pawar said he was not opposed to the JPC probe, but if the Committee comprises 21 members, then 15 would be from the ruling side and the remaining six from the Opposition side
Extending support to the Adani Group, Pawar said that the report seems like an individual industrial group of the country was targeted
Several of the banks already have business relationships with the group, ties which the conglomerate has previously pointed to as a sign of its strength to counter Hindenburg's allegations
The Adani Group lost as much as $153 billion in market value after a US short-seller accused the conglomerate of stock-price manipulation
The turbulence in FY23 can be attributed to a concoction of interest rate hikes, foreign investment outflows, a global war, soaring food, fuel prices and a global banking crisis
It's also dialling back on ambitions to dive further into aluminium, steel and road projects, said people
Contrary to the rationale of short selling, third-party investigative reports from activist short sellers violate Sebi regulations
The slide in the stocks resumed after a report by The Ken claimed that the Adani group has not completely repaid its loans taken against the promoters' shares
The Lok Sabha was adjourned till 2 p.m. on Tuesday amid noisy protests by the Congress-led opposition members, seeking a probe in the Adani issue
The cautionary tale from the Block Inc debacle is that increasing digitisation of retail financial services in India has raised the threat levels of frauds
The Congress asserted that the only way to comprehensively investigate the Adani issue is through a Joint Parliamentary Committee (JPC)
Adani Green Energy puts Rs 10,000-crore capex plan under review
Members of Congress, BRS and AAP on Tuesday moved suspension of business notice in the Rajya Sabha under rule 267 demanding a Joint Parliamentary Committee (JPC) probe into the Hindenburg-Adani row
Hindenburg report has limited near-term impact on cost of funding