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The Adani Group Scandal: What You Need to Know!

Patrick Boyle On Finance

CHAPTER

Adani Share Sale - The Hindenburg Report

The Hindenburg report came out at a very sensitive moment for Gautama Dani. It was released on the very morning when Adani was launching a $2.5 billion share offering. The share sale was being pitched to international investors after shares in Adani Enterprises had surged more than 3,300% in three years. Once the report came out, right before the stock offering, the share price began to tumble.

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