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Adani Group Annual General Meeting: No challenge can weaken our foundation, know whom Gautam Adani targeted

by Vikram Dave
July 20, 2024
Adani Group Annual General Meeting: No challenge can weaken our foundation, know whom Gautam Adani targeted

New Delhi. In the Annual General Meeting (AGM) of Adani Group, Chairman Gautam Adani said that the progress of the country in the last few years is in front of the whole world. In the coming times, India’s main focus is now on the infrastructure sector. During this, the company’s chairman also mentioned the Hindenburg report released last year on Adani Group and the huge fall in the company’s shares after that. Gautam Adani said that the ability to stand strong in adverse circumstances is the real measure of success and we have done it. Adani Group emerged stronger than ever while facing this bad phase. This proved that no challenge can weaken our foundation.

#WATCH , Adani Group Chairman Gautam Adani addresses shareholders during the annual general meeting of Adani Enterprises Ltd.

He says, “We were faced with baseless accusations
made by a foreign short seller that questioned our decades of hard work. In the face of an unprecedented… pic.twitter.com/2Pj4hNxdgN

— ANI (@ANI) June 24, 2024

The group chairman said that the year 2024 is an important milestone for Adani Enterprises. Our best performance is yet to come and I am confident that we will do it. Addressing the meeting, Gautam Adani said that I grew up in the desert of Banaskantha and learned the value of perseverance. I have taken my education from my mother. He said that the Adani Group is based on three fundamental principles of courage, trust and commitment to purpose.

Adani targeted Henningberg and said that a false report was prepared by a section of the media to harm our group and reduce our market value by short sellers. This attack was made on Adani Group when we were bringing Follow on Public Offer (FPO). He said that despite raising Rs 20 thousand crore through the biggest FPO till date, we returned that money to the investors because for us the trust of the investors and their interest is of utmost importance.

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