On March 17, 2024, the conglomerate’s corporate finance head had sent correspondence to a financial institution, with Sagar Adani in copy, stating that media coverage of the investigation by US prosecutors was “baseless,” “malicious” and “defamatory,” according to the indictment papers.
9 smallcaps held by 10+ MF schemes turned multibaggers in FY25
Indian equities have been highly volatile, with Sensex dropping nearly 10,000 points from its peak. Yet, in FY25, Sensex gained 2.5%, and BSE Smallcap rose