The clarification comes in the wake of Hindenburg Research alleging in its January report that Dubai-based Vinod Adani was responsible for creating and managing a network of offshore shell entities meant for stock parking, market manipulation and laundering money to aid the group in dressing up its financial position.
Gaja Alternative Asset Management IPO opens today: GMP at 19% — Should You Subscribe?
The three-day IPO will remain open until August 21, 2026, with the company offering shares in a price band of Rs 152–160 apiece.