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Adani Group plans independent audit of group companies: Report

The audit will be commissioned after the group's unit, Adani Enterprises Ltd, completes its follow-on public offering
Last Updated 31 January 2023, 02:26 IST

Adani Group is planning to hire one of the "big six" accounting firms to assess its corporate governance and audit practices following allegations of fraud by short seller Hindenburg, Mint newspaper reported on Monday.

The audit will be commissioned after the group's unit, Adani Enterprises Ltd, completes its follow-on public offering, based on which legal options will be decided, the report said, citing two people with direct knowledge of the matter.

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(Published 31 January 2023, 02:26 IST)

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