Hindenburg

The Adani Group has rejected and denied "baseless allegations" over reports concerning the freezing of some funds in Swiss bank accounts. The Business conglomerate asserted that it has no involvement in any Swiss court proceedings, nor have any of the company accounts been subject to sequestration by any authority.

AIBA Chairman and Senior Advocate Dr Adish C. Aggarwala urged the Indian government to initiate a 360-degree investigation into the alleged international conspiracy behind the latest Hindenburg report.

On the 11th of August, Rahul Gandhi shared a video message on X wherein he was seen blatantly fearmongering about the stock market and hyped the Hindenburg Research report to attack businessman Gautam Adani and the Modi government.

SEBI issues statement on the Hindenburg Research’s Report, rejects all allegations and asks investors to remain calm and exercise due diligence

SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch issued a detailed statement rejecting the allegations made by Hindenburg

In a stock exchange filing on Sunday, 360 One Wam Limited said its IPE-Plus Fund 1 had made zero investments in any shares of the Adani Group, refuting claims by Hindenburg

Adani Group has rejected the fresh allegations by Hindenburg Research, saying the US-based short seller using manipulative information for profiteering

As per reports, Hindenburg had shared its report on Adani with their client two months prior to publication, enabling them to obtain 'unfair' profits from the stock price movements in a brokered deal using the report.

Hindenburg said created and oversaw the offshore fund structure used by its investor partner to bet against Adani.

It is important to note that in all these baseless issues lies one underlying thing – to target the incorruptible image of Prime Minister Narendra Modi.