At one time Adani Group was Asia’s largest company and in just last 1 month about 150 billion dollars has been lost. Goutam Adani who was on 3rd position in the list of World Richest Person. He has reached 30th rank today. It all started on 27th January when the report of Hindenburg Research was published. He had claimed irregularities on Adani Group, because of which Adani Group had to suffer huge loss.
Along with this, those companies which had invested in Adani Group have also suffered huge losses. This is being said to be the biggest loss in history till date. Since the publication of the Hindenburg report, Adani shares are continuously going down till now.
And recently it has come to light that Vinod Adani’s name appears 151 times in the Hindenburg report or Gautam Adani’s name appears only 54 times. And secondly, Vinod Adani is not on any managing post in Adani Group.
Recently released Forbes has said that Vinod Adani has indirect control over Singapore’s Pinnacle Trade and Investment.
This company has signed an agreement with VTV Government Bank of Russia in 2020. And they have afro asia trade investment ltd and world wise emerging market holding ltd as guarantees.
These 2 companies were presented. Now comes the masterstroke, both these companies have more investment in Adani Group. Across 4 billion dollars in 4 companies
Now let’s see which are those 4 companies Adani Enterprises worth $1.3 billion, Adani Power $800 million, Adani Port $800 million, Adani Transmission $700 million. Hindenburg tweeted this Forbes report on Twitter and said that NSE and BSE were not informed about it. In such cases it is necessary to tell them everything.
Vinod Adani comes at number 6 in the list of Richest NRI. Vinod Adani who lives in Dubai and runs business in Singapore and Jakarta.
Vinod Adani has mortgaged the fake stake of Adani Group in a Russian bank and has taken a loan of $240 billion from there, and Indian banks are not even aware of this according to Forbes.
Due to this, the problems of Adani groups may increase and it is being said that there may be loss in the share capital of Adani groups as well.
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