Shares of Adani Group companies were trading on a weak now, down up to 5 per cent on the BSE in Monday’s intra-day trade after the board of Adani Ports and Special Economic Zone (SEZ) accepted the resignation of Deloitte Haskins & Sells LLP as the company’s auditor.
Adani Ports has now appointed MSKA & Associates Chartered Accountants, which is one of the top six global audit firms, as the company’s new auditor.
Before resigning as auditor of Adani Ports & SEZ, Deloitte had sought an independent external examination of allegations made by American short-seller Hindenburg Research but the company claimed the accusations had no impact on financial statements.