Gautam Adani's Video Message for his Investors...watch here
<p>Since Hindenburg published its research report on the Adani Group, everything seems to fall apart for Gautam Adani. Due to the market not going too well for him, yesterday he had to withdraw his recently launched FPO.Yesterday in a press release Gautam Adani made his decision clear regarding backing off his FPO. In this regard, he also published a video in which he said, “Yesterday’s decision of withdrawing FPO would have surprised many. But considering the volatility of the Market seen yesterday, our bond strongly felt that it would not have been morally correct to proceed with the FPO.”Further mentioning his investors he said that whatever he has achieved is because of the faith of his investors. He said,” For me the interest of my investors is paramount and everything is secondary. Hence to insulate the investors from potential losses, we have withdrawn the FPO.” Chairman @gautam_adani's address to investors after withdrawal of the fully subscribed AEL FPO#GrowthWithGoodness</p>
12:54 PM Feb 02, 2023 IST
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mediology
Since Hindenburg published its research report on the Adani Group, everything seems to fall apart for Gautam Adani. Due to the market not going too well for him, yesterday he had to withdraw his recently launched FPO.
Yesterday in a press release Gautam Adani made his decision clear regarding backing off his FPO. In this regard, he also published a video in which he said, “Yesterday’s decision of withdrawing FPO would have surprised many. But considering the volatility of the Market seen yesterday, our bond strongly felt that it would not have been morally correct to proceed with the FPO.”
Further mentioning his investors he said that whatever he has achieved is because of the faith of his investors. He said,” For me the interest of my investors is paramount and everything is secondary. Hence to insulate the investors from potential losses, we have withdrawn the FPO.”
#AdaniStandsForInvestors
A trend no-goes on social media supporting Gautam Adani. People are praising the strong decision taken by Adani during tough times. One of the users on social media said,” A man with a such big heart can only make such a decision.”
Also other users are praising him for his business values. People are also showing full love and support for him on social media.
Well, it is now to be seen how Gautam Adani will face the challenges before him ?
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