Index provider MSCI said on Wednesday it will postpone implementation of updates to weightings for two of India’s Adani Group companies, Adani Total Gas and Adani Transmission, to the May benchmark review.
The reversal of the updates to Adani Total Gas and Adani Transmission in the February index review will be reflected in the MSCI Index Product files starting from Feb. 16, MSCI said.
MSCI will also apply a special treatment for all Adani Group’s associated securities in the MSCI Equity Indexes starting from February.
Adani did not immediately respond to a request for comment sent outside of normal Indian business hours.
