Growth trajectory of Adani Group's underlying businesses not affected: CFO

Singh said retail subscription would see "some pull back" in a $2.5 billion secondary share sale of the group's Adani Enterprises

This is rife with conflict of interest and intended only to create a false market in securities to enable Hindenburg, an admitted short seller. Credit: Reuters Photo

The growth trajectory of the underlying businesses of Adani Group has not been affected by the Hindenburg Research report that sparked a $48 billion rout in its stocks, Chief Financial Officer Jugeshinder Singh said on Monday.

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Speaking to local media, Singh said retail subscription would see "some pull back" in a $2.5 billion secondary share sale of the group's flagship company, Adani Enterprises.

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