{"id":425553,"date":"2021-07-13T08:37:07","date_gmt":"2021-07-13T03:07:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=425553"},"modified":"2021-07-13T09:02:25","modified_gmt":"2021-07-13T03:32:25","slug":"were-inter-generational-holders-of-equity-gautam-adani-on-mauritius-funds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/were-inter-generational-holders-of-equity-gautam-adani-on-mauritius-funds\/","title":{"rendered":"We&#8217;re inter-generational holders of equity: Gautam Adani on Mauritius funds"},"content":{"rendered":"<p>Weeks after confusion over three Mauritius-based funds whipsawing shares of Adani group firms, billionaire Gautam Adani on Monday said that &#8220;twisted narrative&#8221; seems to imply that companies have regulatory powers over their shareholders and can compel disclosures.<\/p>\n<p>Shares of port-to-energy group nosedived last month after reports that accounts of three of the six Mauritius-based funds that have invested most of their money in Adani group firms had been frozen by the national share depository. The three funds owned about USD 6 billion of shares across the conglomerate. <\/p>\n<p>Adani group company shares had continued to fall for almost a week despite the Adani group&#8217;s refutal.<\/p>\n<p>&#8220;We are inter-generational holders of equity,&#8221; Adani, 59, said at the annual shareholder meeting of his group&#8217;s listed firms on Monday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Weeks after confusion over three Mauritius-based funds whipsawing shares of Adani group firms, billionaire Gautam Adani on Monday said that &#8220;twisted narrative&#8221; seems to imply that companies have regulatory powers over their shareholders and can compel disclosures. Shares of port-to-energy group nosedived last month after reports that accounts of three of the six Mauritius-based funds that have invested most of their money in Adani group firms had been frozen by the national share depository. The three funds owned about USD 6 billion of shares across the conglomerate. Adani group company shares had continued to fall for almost a week despite [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-425553","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/425553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=425553"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/425553\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=425553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=425553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=425553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}