What is adani fpo

  1. Adani enterprises FPO cancelled: Gautam Adani explains why he was forced to withdraw Rs 20,000 crore
  2. Adani enterprises FPO cancelled: Gautam Adani explains why he was forced to withdraw Rs 20,000 crore
  3. Adani enterprises FPO cancelled: Gautam Adani explains why he was forced to withdraw Rs 20,000 crore
  4. Adani enterprises FPO cancelled: Gautam Adani explains why he was forced to withdraw Rs 20,000 crore


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Adani enterprises FPO cancelled: Gautam Adani explains why he was forced to withdraw Rs 20,000 crore

"The fundamentals of our company are strong. Our balance sheet is healthy and assets, robust. Our EBIDTA levels and cash flows have been very strong and we have an impeccable track record of fulfilling our debt obligations. We will continue to focus on long-term value creation and growth will be managed by internal accruals," Adani said in the video message. "We have a strong focus on ESG and every business of ours will continue to create value in a responsible way. The strongest validation of our governance principles, comes from several international partnerships we have built across our different entities," the 60-year-old said. "Despite the volatility in the stock over the last week your faith and belief in the company, its business and its management has been extremely reassuring and humbling, for all of us. We are very confident that we will continue to get support in the future also," he said. The conglomerate has also promised to refund the proceeds of the FPO to investors. The FPO was under stress following a damaging report by American short-seller Hindenburg Research which made several allegations against the ports-to-energy conglomerate. In the last five trading sessions, the market capitalisation of all 10 listed Adani companies is down by Rs 7.5 lakh crore or one-third. Shares of Adani Enterprises itself are down nearly 50% from their 52-week high after a gravity-defying rally. Adani Enterprises FPO, which closed on Tuesday, was oversubscribed 112%. While the...

Adani enterprises FPO cancelled: Gautam Adani explains why he was forced to withdraw Rs 20,000 crore

"The fundamentals of our company are strong. Our balance sheet is healthy and assets, robust. Our EBIDTA levels and cash flows have been very strong and we have an impeccable track record of fulfilling our debt obligations. We will continue to focus on long-term value creation and growth will be managed by internal accruals," Adani said in the video message. "We have a strong focus on ESG and every business of ours will continue to create value in a responsible way. The strongest validation of our governance principles, comes from several international partnerships we have built across our different entities," the 60-year-old said. "Despite the volatility in the stock over the last week your faith and belief in the company, its business and its management has been extremely reassuring and humbling, for all of us. We are very confident that we will continue to get support in the future also," he said. The conglomerate has also promised to refund the proceeds of the FPO to investors. The FPO was under stress following a damaging report by American short-seller Hindenburg Research which made several allegations against the ports-to-energy conglomerate. In the last five trading sessions, the market capitalisation of all 10 listed Adani companies is down by Rs 7.5 lakh crore or one-third. Shares of Adani Enterprises itself are down nearly 50% from their 52-week high after a gravity-defying rally. Adani Enterprises FPO, which closed on Tuesday, was oversubscribed 112%. While the...

Adani enterprises FPO cancelled: Gautam Adani explains why he was forced to withdraw Rs 20,000 crore

"The fundamentals of our company are strong. Our balance sheet is healthy and assets, robust. Our EBIDTA levels and cash flows have been very strong and we have an impeccable track record of fulfilling our debt obligations. We will continue to focus on long-term value creation and growth will be managed by internal accruals," Adani said in the video message. "We have a strong focus on ESG and every business of ours will continue to create value in a responsible way. The strongest validation of our governance principles, comes from several international partnerships we have built across our different entities," the 60-year-old said. "Despite the volatility in the stock over the last week your faith and belief in the company, its business and its management has been extremely reassuring and humbling, for all of us. We are very confident that we will continue to get support in the future also," he said. The conglomerate has also promised to refund the proceeds of the FPO to investors. The FPO was under stress following a damaging report by American short-seller Hindenburg Research which made several allegations against the ports-to-energy conglomerate. In the last five trading sessions, the market capitalisation of all 10 listed Adani companies is down by Rs 7.5 lakh crore or one-third. Shares of Adani Enterprises itself are down nearly 50% from their 52-week high after a gravity-defying rally. Adani Enterprises FPO, which closed on Tuesday, was oversubscribed 112%. While the...

Adani enterprises FPO cancelled: Gautam Adani explains why he was forced to withdraw Rs 20,000 crore

"The fundamentals of our company are strong. Our balance sheet is healthy and assets, robust. Our EBIDTA levels and cash flows have been very strong and we have an impeccable track record of fulfilling our debt obligations. We will continue to focus on long-term value creation and growth will be managed by internal accruals," Adani said in the video message. "We have a strong focus on ESG and every business of ours will continue to create value in a responsible way. The strongest validation of our governance principles, comes from several international partnerships we have built across our different entities," the 60-year-old said. "Despite the volatility in the stock over the last week your faith and belief in the company, its business and its management has been extremely reassuring and humbling, for all of us. We are very confident that we will continue to get support in the future also," he said. The conglomerate has also promised to refund the proceeds of the FPO to investors. The FPO was under stress following a damaging report by American short-seller Hindenburg Research which made several allegations against the ports-to-energy conglomerate. In the last five trading sessions, the market capitalisation of all 10 listed Adani companies is down by Rs 7.5 lakh crore or one-third. Shares of Adani Enterprises itself are down nearly 50% from their 52-week high after a gravity-defying rally. Adani Enterprises FPO, which closed on Tuesday, was oversubscribed 112%. While the...