Adani Group: Adani Enterprises, the flagship company of Adani Group, has cleared the hiring of Grant Thornton Naman Company to audit the companies of the group. Adani Enterprises has termed it as a rumor of the market. Earlier it was reported that after the Hindenburg Research report came out, Adani Group has hired Grant Thornton to audit the companies.
Adani Enterprises issued a statement informing the stock exchanges that, we would like to clarify that the news about Grant Thornton is a rumor spread in the market and therefore it would be inappropriate for us to say anything on it. In fact, the stock exchanges had sought clarification from the company after this news came to the fore.
It was reported in the media that according to the report of American short seller Hindenburg Research, Adani Group has hired veteran audit firm Grant Thornton to conduct an independent audit of some of its companies, due to which Hindenburg has accused the group companies. The chase can be avoided and the confidence of regulators and investors can be won.
