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NSDL says no freeze on accounts of 3 FPIs holding Adani stocks: Report

Reports of a freeze on the accounts sent several Adani stocks plummeting earlier on Monday.

Adani group, adani enterprises
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Agencies New Delhi
National Securities Depository Ltd (NSDL) on Monday clarified that the status of demat accounts of three foreign portfolio investors (FPI) accounts --- Albula Investment Fund, Cresta Fund and APMS Investment Fund ---- are in ‘active’ status in NSDL system, Reuters reported citing unnamed source.

Seperately, CNBC TV18 has also reported the same information that the status of accounts are active.

Reports of a freeze on the accounts sent several Adani stocks plummeting earlier on Monday before recovering marginally from lows after the group companies informed the stock exchanges that news reports on NSDL freezing the FPI accounts are blatantly erroneous.

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