jugeshinder singh

The Adani Group will hold fixed-income road shows this month in London, Dubai, and several cities in the United States, according to a document seen by Reuters, as the conglomerate tries to muster up confidence drained by a US short-seller report.Adani group management, including group Chief Financial Officer jugeshinder singh, will attend the road shows which will run between March 7 to March 15, the document showed.

Adani, the world's third-richest man according to Forbes, has been diversifying his empire from ports to energy and now owns a media company.

Gautam Adani's group plans to spin off businesses like hydrogen, airports, and data center between 2025 and 2028. These businesses have to achieve a basic investment profile and maturity before being considered for a demerger.

The billionaire Gautam Adani and his family have prepaid $1.11 billion worth of borrowings backed by shares as the ports-to-power conglomerate seeks to allay investor fears and stem a stock rout that's in its third week. The founders' early payment will help release 11.77 million shares in Adani Transmission Ltd., the group said in a statement Monday.

The Adani Group is kicking off a charm offensive with fixed-income investors in Asia this week in a bid to stem the fallout from shortseller Hindenburg Research's allegations of accounting fraud and stock manipulation. The conglomerate backed by billionaire Gautam Adani will then hold meetings in Hong Kong at the Barclays Plc office on Tuesday and Wednesday.

The Adani Group postpones public fundraising activities awaiting clarifications from individuals named in the US DOJ indictment, which accuses some of bribing to secure solar contracts. The allegations are strongly denied by the group and involve executives from Azure Power, not Adani representatives, according to a statement.

Asia’s richest man, Gautam Adani, plans to sell shares to the public in at least five companies between 2026 and 2028, helping the port-to-power conglomerate improve debt ratios and broaden its investor base.

Adani Group's airport business, managed by Adani Airport Holdings, a wholly owned subsidiary, currently operates seven airports across India, including those in Mumbai, Lucknow, Ahmedabad, Jaipur, Guwahati, Thiruvananthapuram, and Mangalore.

The Adani Group is focusing on increasing its revenue through the non-aeronautical business for its airports division. The group plans to raise Rs. 20000 crore through the proposed further public offering (FPO). This will be used to develop the airports business.

The group plans to invest $50-70 billion in green hydrogen business and another $23 billion in green energy over the next 5-10 years, he said. It will invest $7 billion in electricity transmission, $12 billion in transport utility and $5 billion in the road sector.

Adani Airport Holdings is contemplating raising $1 billion from global investors, potentially marking its first external equity funding. Valued at $20 billion, surpassing GMR Airport's market capitalization, AAHL manages seven airports and is set to inaugurate its eighth in Navi Mumbai.

The Adani Group aims to reduce its consolidated debt to Rs 1 lakh crore by 2030, focusing on minimizing reliance on fresh capital for its expansion. The conglomerate plans to invest Rs 1.5 lakh crore annually in new assets over the next six years. The group also expressed interest in acquiring distressed Sahara Group assets, provided legal hurdles are resolved.

Shares of Adani Power jumped 4.97 per cent, Adani Ports advanced 3.82 per cent, Ambuja Cements (2.80 per cent) and ACC (2.11 per cent).

The article reports that the Adani Group, one of the world's 3 richest men, is being accused of a brazen stock manipulation and accounting fraud scheme over the course of decades.

Adani Group CFO Robbie Singh has addressed the recent US indictment, stating that it pertains to a single contract at Adani Green Energy, representing about 10% of their business. He emphasized that none of the conglomerate's eleven listed companies or their subsidiaries are facing accusations.

Hindenburg Research will shut down as its founder Nate Anderson has announced the firm’s closure. In a post which could be seen as a reaction to the Hindenburg shit down news, Adani Group CFO Jugeshinder Robbie Singh said...

Institutional investors are fully backing the Rs 20,000-crore follow-on public offer (FPO) for Adani Enterprises (AEL) even though the stock is below the offer price. However the company is not sure how retail investors will look at the issue at the current market price. However, it is confident some high net worth and ultra-high net worth investors (UHNIs) will participate in it.

The Adani Group on Wednesday slammed as "baseless" and "malicious" a damning report by a five-year-old US research firm that sent the stock price of group firms crashing. Titled 'Adani Group: How the world's 3rd richest man is pulling the largest con in corporate history', the report alleged that the group was involved "in a brazen stock manipulation and accounting fraud scheme over the course of decades".

Adani Enterprises, which is launching India Inc's second-largest follow-on public offer worth Rs 20,000 crore next week, on Thursday said it is planning to enter the water segment as this is a key element of its core business of infrastructure.

The Adani Group reported a record pre-tax profit of nearly Rs 90,000 crore for FY25, driven by strong operational performance and financial management. EBITDA grew significantly, reaching Rs 89,806 crore, with a notable improvement in the net debt-to-EBITDA ratio. The group's expansion into infrastructure and renewable energy contributed to increased gross assets and enhanced international credit ratings.

Adani Enterprises Ltd (AEL) is launching a public issue of secured non-convertible debentures (NCDs) worth up to ₹1,000 crore, offering yields up to 9.3% per annum. Opening on July 9 and closing on July 22, the issue has tenors of 24, 36, and 60 months. Proceeds will primarily be used for debt repayment.

Hindenburg Research said on Wednesday it holds short positions in Adani Group companies through US-traded bonds and non-Indian-traded derivative instruments, sending shares of companies in the Indian conglomerate sliding. Hindenburg is known for shorting electric truck maker Nikola Corp and Twitter though it later reversed its position in Twitter.