Adani Group companies on Monday informed the stock exchanges that news reports on National Securities Depository Ltd (NSDL) freezing the accounts of three foreign funds — Albula Investment Fund, Cresta Fund and APMS Investment Fund — are blatantly erroneous. Read the full release here
“It is done to deliberately mislead the investing community. This is causing irreparable loss of economic value to the investors at large and reputation of the group.” Adani Group companies said.
The group stocks rebounded from their respective lows on Monday after it dismissed the reports.
“Given the seriousness of the article and its consequential adverse impact on minority investors, we requested Registrar and Transfer Agent,
