India’s Adani Group has published an angry rebuttal to allegations of wrongdoing by short seller Hindenburg Research that wiped more than $50bn from its value last week, seeking to calm investors in the midst of a $2.4bn share sale.
In the document, which has 54 pages plus some 350 more of appendices, the group, an industrial conglomerate owned by billionaire Gautam Adani, said Hindenburg’s report had “caused serious and unprecedented adverse impact on our investors”.
It added that the allegations were “not merely an unwarranted attack on any specific company but a calculated attack on India, the independence, integrity and quality of Indian institutions, and the growth story and ambition of India”.
您已阅读21%（706字），剩余79%（2682字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。