adani Group Chief Financial Officer (CFO) Jugeshinder Singh has posted a critical post after the closure of US short seller firm Hindenburg Research Report. A few hours after the news of the closure of Hindenburg Research, adani Group CFO wrote on social media platform X that 'How many Ghazis came, how many Ghazis came.. It can be clearly assumed that the adani Group, which suffered billions in losses due to Hindenburg Research, is happy about the closure of this American firm and is looking at it as the end of the one who attacked the adani Group.
Hindenburg Research Report gave a big blow to adani in january 2023
As soon as the report of Hindenburg Research Report came in january 2023, there was a stir in the adani Group in the indian stock market. Soon after the report came out, the shares of adani Group started falling and the group's shares kept collapsing. By february 2023, the total value of gautam Adani's adani Group shares fell from Rs 20 lakh crore to around Rs 7-7.5 lakh crore and it also had a huge impact on the indian stock market.
See how adani Group CFO took a dig at Hindenburg
On the social media platform X, Jugeshinder Robi Singh wrote that 'Kitne Ghazi aaye, kitne Ghazi aaye..' This is a cryptic post symbolically showing the country's strength despite foreign attacks on India. At that time too, on the report of Hindenburg Research, adani Group's Group CFO Jugeshinder Robi Singh had said that we are surprised by the report published by Hindenburg Research. They have published this report without contacting us or verifying the correct facts.
Nathan Anderson shuts down Hindenburg Research
Hindenburg Research shared a personal note from founder Nathan Anderson in a post on its social media platform X. In this note, Nat Anderson said, I had shared with family, friends and our team since the end of last year that I have decided to dissolve Hindenburg Research. Anderson said, the idea was to shut down the company after completing its pipeline of investigative ideas, which has been implemented.
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