Adani to focus on boosting innovation, nation building

Mumbai: The Adani Group is seeking to additional strengthen governance requirements, speed up innovation and sustainability, and double down on nation building, investing in infrastructure that powers India’s long-term development story, chairman Gautam Adani stated in a letter to shareholders Wednesday.

The letter comes days after the Adani Group acquired a clear chit from the market regulator over the Hindenburg allegations that had rocked the group in January 2023.

“On your group, it marked the start of a take a look at that pushed each dimension of our resilience. It questioned our governance, our objective and even the very concept that Indian firms may dare lead the world in scale and ambition,” Adani stated, including that this second is greater than a regulatory clearance and is a strong validation of the transparency, governance and objective with which the corporate has at all times operated.

Adani Group firms filed the letter with inventory exchanges.

“What was meant to harm us has as a substitute turn out to be a defining inflection level by fortifying our foundations, sharpening our ambition and reaffirming our accountability to construct with scale, velocity and resilience for India’s future,” Adani wrote. – Our Bureau