Adani Group to Hold Asia Fixed-Income Roadshow Next Week

The video discusses the significant market impact on the Porto Power conglomerate following a report by a US-based short seller alleging accounting fraud and stock manipulation. The Adani Group, a key player in the conglomerate, has denied these allegations and is actively engaging with investors to restore confidence. This includes a detailed rebuttal and a roadshow in Singapore and Hong Kong. The group is also making financial adjustments, such as reducing capital expenditure and aggressive expansion plans, to preserve cash and address investor concerns.

What is the significance of the 413-page rebuttal released by Adani Group?

What changes has Adani Group made to its capital expenditure plans?