Site icon StockFinz

Interest of my investors is paramount for me: Adani on cancelling Rs.20,000-cr FPO

Adani

Adani

After cancelling the fully-subscribed Adani Enterprises’ Rs.20,000-crore FPO, billionaire Gautam Adani said, “For me, the interest of my investors is paramount…everything [else] is secondary.” Speaking in a video message on Thursday, he said the decision may have “surprised many”. He added that given the market volatility, the board decided it wouldn’t be “morally correct” to proceed with the FPO.

Read More

Follow UsTelegram | Twitter | Facebook | YouTube
Exit mobile version