Adani Group FPO: Adani Enterprises cancelled its Rs 20,000 crore follow-on public offer on the evening of February 1. The company will also refund proceeds it had received as part of its FPO. Later, Chairman Gautam Adani explained the move and said that the “interest of his investors was paramount and everything else is secondary.” Team Indian Express explains why Adani Group called off the FPO and what exactly happened.


#adanigroup #gautamadani #AdaniGroupFPO #hindenburgreport


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