Adani group stocks hit by Deloitte quitting over Hindenburg report
Monday, 14 August 2023
Adani Group Companies' shares fell after Deloitte resigned as the auditor of Adani Ports following concerns over alleged related party transactions raised by US-based Hindenburg Research. Deloitte, the auditor since May 2017, had the necessary information, and the company's reason to quit was "not convincing," Adani Ports said.
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