Adani Group Issues 413-Page Response, Calls Hindenburg Allegations Attack On India

Mods allow this photo, nothing wrong in this. It is being posted everywhere 

This is not merely an unwarranted attack on any specific company but a calculated attack on India, the independence, integrity and quality of Indian institutions, and the growth story and ambition of India,' it said.

Trying hard to to capitalise on nationalism by mentioning India again and again.

https://hindenburgresearch.com/adani-res...e/

we believe India is a vibrant democracy and an emerging superpower with
an exciting future. We also believe India’s future is being held back by the Adani Group, which has draped itself in the Indian flag while systematically looting the nation.

@getready @b4tm4n @Snapz @guest_999 @Ash-D @Ramta_Jogi @magur @Jarvis.-. @makdiman @kapaalaa

HAHAHAHAHAHAHAHHHAHAHAHAHAHAHAHAHAHAHA

https://acrobat.adobe.com/link/track?uri=urn%3A...

See how money rotated to support one adani stock which has FPO while others r. falling like house of cards 🤔

Jarvis.-. wrote:

See how money rotated to support one adani stock which has FPO while others r. falling like house of cards 🤔

cements, ports are up paji as of now

We disagree. To be clear, we believe India is a vibrant democracy and an emerging superpower with an exciting future. We also believe India’s future is being held back by the Adani Group, which has draped itself in the Indian flag while systematically looting the nation.

We also believe that fraud is fraud, even when it’s perpetrated by one of the wealthiest individuals in the world.

In terms of substance, Adani’s ‘413 page’ response only included about 30 pages focused on issues related to our report.

The remainder of the response consisted of 330 pages of court records, along with 53 pages of high-level financials, general information, and details on irrelevant corporate initiatives, such as how it encourages female entrepreneurship and the production of safe vegetables.

https://hindenburgresearch.com/adani-res...e/

It's too early to comment @kukdookoo
But with adani stocks hitting lower circuits everyday, Banks and LIC will be grilled.
Integrity of SEBI will be questioned.
Every fool knows that adani has not became this big without support of current govt.
Are our leaders finally ready to attend press conference??
Bole to the ki 'naa khaunga naa khane doonga'.
These uncertain events are going to allow comeback of INC after 10 years??
Let's see how the events unfold.

The mere fact that Adani was not able to sense the incoming bear attack speaks volumes of his overconfidence and sort of amateurish approach. 

Whatever is written in the report was already known to public although the words were covered up so as to make it sound all is well. The report has just bought out all those words and marked them in bold red. 

Sebi, like all Govt. agencies, Is a puppet of big business houses who are close to present government. Good thing they didn't approach Sebi first, before making their report public, else it would have just found a direct entry in trash can.

There is this 0 debt small cap company by the name of Tyche Industries. Its share price was galloping in 2020-21 due to some acquisitions and foreign investment and reached around 350 from 180. Sebi put a brake on it n sent it a notice while it chose to overlook adani Green going from 118 to 1,180 in the same time. Tyche industries had no corporate governance issues at all. Major investment houses have it on their call list and still it hasn't found ita way back after sebi notice. 

I would like to reply but I don't want to deal with trolls that leeched on you with insane whataboutery and even labelling us as anti national and 💩 for NOT supporting the one and only businessman alive in India - Adani. Its a headache dealing them on twitter, whatsapp group as well as here. Even when I don't reply they will continue and I've to see them on my email notifications too. So I kindly request you not to tag me in any discussions.

Look at their (adani group) response, it shows all

One of them 

"54 / ( Anegation # 39 ) One of the websites for Vinod Aadani-associated entity claimed “we trade in Services such as sale and delivery of an intangible product , like Service , between producer and consumer . What does that even mean ?

-Common Responses - Vinod Adani does not hold any managerial position in any Adani listed entities or their subsidiaries and has no role in their day to day affairs . As such , these questions have no relevance to the entities in the Adani portfolio and we are not in position to comment on your allegations on the business dealings and transactions of Mr . Vinod Adani We reiterate that any transactions by the Adani portfolio companies with any related party have been duly identified and disclosed as related party transactions in compliance with Indian laws and standard and have been carried out on ar m’s length ter ms."

My question is:

How one can sale & delivery intangibles (like goodwill, trademarks, patents , copyrights , franchise, ...etc?)

how they even that blatantly written in official website,? 

Jarvis.-. wrote:

We disagree. To be clear, we believe India is a vibrant democracy and an emerging superpower with an exciting future. We also believe India’s future is being held back by the Adani Group, which has draped itself in the Indian flag while systematically looting the nation.

We also believe that fraud is fraud, even when it’s perpetrated by one of the wealthiest individuals in the world.

In terms of substance, Adani’s ‘413 page’ response only included about 30 pages focused on issues related to our report.

The remainder of the response consisted of 330 pages of court records, along with 53 pages of high-level financials, general information, and details on irrelevant corporate initiatives, such as how it encourages female entrepreneurship and the production of safe vegetables.

https://hindenburgresearch.com/adani-res...e/

It's possible the team of lawyers and consultant firms holding the so called Adani House of Cards, were not aware of ChatGPT. Adani should fire all of them and use ChatGPT instead to come up with a better response. 😂

b4tm4n wrote:
It's too early to comment @kukdookoo
But with adani stocks hitting lower circuits everyday, Banks and LIC will be grilled.
Integrity of SEBI will be questioned.
Every fool knows that adani has not became this big without support of current govt.
Are our leaders finally ready to attend press conference??
Bole to the ki 'naa khaunga naa khane doonga'.
These uncertain events are going to allow comeback of INC after 10 years??
Let's see how the events unfold.

Integrity of SEBI will be questioned.
Every fool knows that adani has not became this big without support of current govt.
Are our leaders finally ready to attend press conference??
Bole to the ki 'naa khaunga naa khane doonga'.
One word answer paji, arrogance of power. What can people like us do to sebi? Same with politicians of all parties. Even if we educated people go with the logics, there are enough people out of the 1.5 billion who will vote irrespective of what is going on.

Jarvis.-. wrote:

We disagree. To be clear, we believe India is a vibrant democracy and an emerging superpower with an exciting future. We also believe India’s future is being held back by the Adani Group, which has draped itself in the Indian flag while systematically looting the nation.

We also believe that fraud is fraud, even when it’s perpetrated by one of the wealthiest individuals in the world.

In terms of substance, Adani’s ‘413 page’ response only included about 30 pages focused on issues related to our report.

The remainder of the response consisted of 330 pages of court records, along with 53 pages of high-level financials, general information, and details on irrelevant corporate initiatives, such as how it encourages female entrepreneurship and the production of safe vegetables.

https://hindenburgresearch.com/adani-res...e/

Check that report point 6, he is friends with ching pang chong.

kukdookoo wrote:
Check that report point 6, he is friends with ching pang chong.

Ching Pang Chong! Nice name 😄

Is there any link to download the report ?

sifar wrote:

Is there any link to download the report ?

Please Visit https://www.desidime.com/deals/adani-group-issu...

Bhai iska hoga to kuch nhi.. survive kr jaega. Only thing is all dirty laundry is out in the open now.

Aur retail investor ab adani ke rocket me udane se pahle hazaar baar sochenge.

makdiman wrote:

This is not merely an unwarranted attack on any specific company but a calculated attack on India, the independence, integrity and quality of Indian institutions, and the growth story and ambition of India,' it said.

Trying hard to to capitalise on nationalism by mentioning India again and again.

Bruhhhh 🤣🤣🤣🤣🤣

This guy is not even an Indian btw @b4tm4n @Snapz @Jarvis.-. @makdiman



 

..

kukdookoo wrote:
This guy is not even an Indian btw @b4tm4n @Snapz @Jarvis.-. @makdiman



 

Inke statement dekh ke samjh nhi aa rha ki business kr rhe hain ya politics 😂

kukdookoo wrote:
This guy is not even an Indian btw @b4tm4n @Snapz @Jarvis.-. @makdiman



 

Absolutely ridiculous to compare with Jallianwala bagh event !!

TheTeddy wrote:

Absolutely ridiculous to compare with Jallianwala bagh event !!

and that too by an australian.
agar paji hum jaise aadmi ne kiya hota to hume ragad dete.

kukdookoo wrote:
and that too by an australian.
agar paji hum jaise aadmi ne kiya hota to hume ragad dete.

I was looking to find the links abt his nationality after your post...but couldn't find anything ...could you pls share that

kukdookoo wrote:
This guy is not even an Indian btw @b4tm4n @Snapz @Jarvis.-. @makdiman



 

This guy is clearly inspired by Patanjali 😄

TheTeddy wrote:
I was looking to find the links abt his nationality after your post...but couldn't find anything ...could you pls share that

Reddit and linkedin

kukdookoo wrote:
This guy is not even an Indian btw @b4tm4n @Snapz @Jarvis.-. @makdiman



 

This guy lost it if CFO talks like this nobody would believe in the company, tomorrow is the last day of FPO it'll fail and then this guy will blame investors for not losing their money

Jarvis.-. wrote:
This guy lost it if CFO talks like this nobody would believe in the company, tomorrow is the last day of FPO it'll fail and then this guy will blame investors for not losing their money

https://www.moneycontrol.com/news/companies-2/a...

High level meetings are taking place in concerned departments to clear up this mess.

What I noticed is most influencers were telling about the issues in Adani group yesterday and today they are discussing how this is a plot against India...it is so easy....