Adani FPO Withdrawal: Gautam Adani Talks About Why He Withdrew His Rs 20,000 Crore-FPO
One of the richest people in the world, Gautam Adani, is in the middle of a storm following allegations made in the Hindenburg report. Today, he said he had to withdraw Adani Enterprises’ Rs 20,000 crore FPO to protect investors from potential losses.
Adani Enterprises' shares closed yesterday with a massive loss of 28.45% at ₹2,128.70. The FPO, on the other hand, was priced in the ₹3,112—3,276 range.
#Adani #FPO #Adanigroup #GautamAdani
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