Adani says appointment of Grant Thornton as auditor ‘market rumour’

Adani group’s flagship firm on Thursday termed as ‘market rumour’ reports of the embattled group hiring Grant Thornton to audit books in the aftermath of the Hindenburg crisis.

In a stock exchange filing, Adani Enterprises said the reports “appears to be a market rumour and hence it would be inappropriate on our part to comment on it.”

On Tuesday, sources had stated that the group has appointed accountancy firm Grant Thornton for an independent audit of a few of its companies to come clean after the allegations levelled by US short-seller Hindenburg Research and to assure investors and regulators.

Read more

You may also like

Comments are closed.