IA-1

PRESENTATION
SR NANDDAN
BBA(II)SECTION B
(R21MA065)
 ADANI V/S HINDENBURG
RESEARCH

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ADANI GROUP
Adani Group is an Indian multinational conglomerate,
headquartered in Ahmedabad. It was founded by Gautam
Adani in 1988 as a commodity trading business, with the
flagship company Adani Enterprises. The Group's diverse
businesses include port management, electric power
generation and transmission, renewable energy, mining,
airport operations, natural gas, food processing and
infrastructure.

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 HINDENBURG RESEARCH
Hindenburg Research LLC Hindenburg
Research LLC is an investment research firm
with a focus on activist short-selling founded
by Nathan Anderson in 2017 and based in
New York City. Named after the 1937
Hindenburg disaster, which they characterize
as a human-made avoidable disaster, the firm
generates public reports via its website that
allege corporate fraud and malfeasance.

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 THE REPORT
1.Business practices
2. Corporate governance
3. Financial performance
4. Port business
5. Environmental concerns
6.Promoters pledging their stocks

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 IMPACT
ON STOCK
PRICES

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 CONCLUSION
The Hindenburg report on Adani Group raises
serious concerns about the company’s financial
and operational practices, as well as its
environmental impact. While Adani Group has
strongly denied the allegations, it is important for
investors and regulators to take these concerns
seriously and to undertake a thorough
investigation of the claims made in the report. The
report’s release is a reminder of the need for
increased transparency and accountability in the
business world and the importance of ensuring
that companies operate ethically and sustainably.

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THANK YOU