Adani Group on Thursday said that Vinod Adani, the elder brother of group founder Gautam Adani, is a part of the promoter group. This comes after questions were raised about his status following short-seller Hindenburg Research naming him prominently in its January report. The stock exchanges had sought a response from the group after news articles related to it surfaced.
"We would like to submit that Gautam Adani and Rajesh Adani are individual promoters of various listed entities within the Adani Group and Vinod Adani is an immediate relative of the individual promoters," the group's flagship Adani Enterprises said in