4 Adani stocks hit 5% lower circuit as conglomerate lowers ambition

February 13, 2023

Last week it was reported that market regulator Sebi is investigating Adani Group’s links to some of the investors in Adani Enterprises FPO, which was aborted later on. Sebi is said to be investigating relationships between Adani and at least two Mauritius-based firms — Great International Tusker Fund and Ayushmat Ltd. — which participated as anchor investors in the Rs 20,000 crore FPO.

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