News > Hindenburg report may not hurt Adani Enterprises FPO, says InGovern
Hindenburg report may not hurt Adani Enterprises FPO, says InGovern
27/01/2023 04:50 PM | Click to read full article
Adani Enterprises’ FPO, which kicked off on Friday, may not be impacted by Hindenburg Research's report, said InGovern Research Services. Maybank Securities, Abu Dhabi Investment Authority, Société Générale, LIC, SBI Life Insurance Company, HDFC Life Insurance Company and Morgan Stanley Asia are some of the anchor investors. InGovern said the Adani group companies should see this moment as an opportunity for greater investor engagement of all classes of investors.