2. The Adani Group’s journey towards achieving success has always
been challenging. Time and again, the conglomerate has had to come
across a lot of challenges, which has caused it to suffer from huge
financial distress. However, it did not turn back. Instead, the Gautam
Adani-led business group showed constant resilience, and ultimately,
it successfully navigated the challenges. Finally, it has been able to
recover from the losses that it incurred during times of crisis.
3. The Hindenburg Report:
The investors started to back off from the ventures of the Adani Group. The stock
values went down. A lot of Adani projects also came to a halt. Because of all the
allegations, the Supreme Court ordered SEBI to investigate the charges. Since then,
the SEBI has been strongly scrutinising the various operations of the business group.
However, till now, no such evidence of wrongdoing was found in the Adani SEBI. SEBI
has already investigated 22 out of 24 cases, and the Adani Group has always come
out clean. This caused the Adani Group to emerge stronger.
4. How Did the Adani Group Recover from
The Situation?
After the charges were dismissed, the Adani Group was again back
to its business operations in no time. The ports-to-power
conglomerate has already trimmed its debts, acquired new
backers from the US and the Middle East, bagged huge projects
and begun to communicate more with lenders and investors. It has
already started working towards building new airports in the
country.
5. Conclusion:
With the ongoing Adani SEBI, the Adani Group did experience a
setback. However, it was back on its toes once again. Today, the
Adani Group has once again acquired the reputation of being one
of the largest and most reliable business groups in the entire
world. As time progresses, the business group will continue to
strengthen its hold over the various business sectors and build
itself a strong position on a global scale.
