Sebi Probe on Adani Group: Foreign money increased rapidly in these companies of Adani, case came to light in SEBI's investigation - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News

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Thursday, June 15, 2023

Sebi Probe on Adani Group: Foreign money increased rapidly in these companies of Adani, case came to light in SEBI's investigation

The matter increased so much that the investigation went to the market regulator SEBI. Now in SEBI's investigation on Hindenburg-Adani case, some such cases have come to the fore which can increase the difficulties of Adani Group once again.

Date 24 January.. Year 2023…. Report Hindenburg… . And the countdown to the destruction of Adani Group begins. , In the same year, Hindenburg released such a report on Adani Group, after which the countdown of companies of Adani Group started. Since January, the shares of many companies of Adani Group were destroyed. Although Gautam Adani made many efforts to save his reputation in the market. Adani's efforts were also successful and the period of recovery in the shares of the companies started.

The matter increased so much that the investigation went to the market regulator SEBI. Now in SEBI's investigation on Hindenburg-Adani case, some such cases have come to the fore which can increase the difficulties of Adani Group once again. Market regulator SEBI's investigation has revealed that foreign money has increased rapidly in 6 companies of Adani Group. The special thing is that this money has increased since the year 2020.

Money increased in these companies

Adani's companies mentioned in SEBI's investigation include Adani Enterprises, Adani Total Gas, Adani Transmission, Adani Green, Adani Power and Adani Port. It has been said in SEBI's investigation that since the year 2020, FPI investment has increased in these companies. FPI investment means foreign money. In fact, after Hindenburg's report, the matter caught fire and the investigation went to SEBI. Since this report, SEBI has been keeping an eye on Adani group companies.

Foreign investment increased 3 times

Talking about statistics, since the year 2020, foreign investment in the flagship companies of Adani Group has increased by three times. FPI investment in Adani Group company Adani Transmission has increased from 62 to 431. At the same time, the number of foreign investors in Adani's flagship company Adani Enterprises has increased from 133 to 410. The case in Adani Green is even more. In the year 2020, the number of foreign investors by Adani Green was only 94, which has increased to 581.

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