Mumbai: The Adani Group is looking to further strengthen governance standards, accelerate innovation and sustainability, and double down on nation building, investing in infrastructure that powers India's long-term growth story, chairman Gautam Adani said in a letter to shareholders Wednesday.
The letter comes days after the Adani Group received a clean chit from the market regulator over the Hindenburg allegations that had rocked the group in January 2023.
"For your group, it marked the beginning of a test that pushed every dimension of our resilience. It questioned our governance, our purpose and even the very idea that Indian companies could dare lead the world in scale and ambition," Adani said, adding that this moment is more than a regulatory clearance and is a powerful validation of the transparency, governance and purpose with which the company has always operated.
Adani Group companies filed the letter with stock exchanges.
"What was intended to hurt us has instead become a defining inflection point by fortifying our foundations, sharpening our ambition and reaffirming our responsibility to build with scale, speed and resilience for India's future," Adani wrote. - Our Bureau
The letter comes days after the Adani Group received a clean chit from the market regulator over the Hindenburg allegations that had rocked the group in January 2023.
"For your group, it marked the beginning of a test that pushed every dimension of our resilience. It questioned our governance, our purpose and even the very idea that Indian companies could dare lead the world in scale and ambition," Adani said, adding that this moment is more than a regulatory clearance and is a powerful validation of the transparency, governance and purpose with which the company has always operated.
Adani Group companies filed the letter with stock exchanges.
"What was intended to hurt us has instead become a defining inflection point by fortifying our foundations, sharpening our ambition and reaffirming our responsibility to build with scale, speed and resilience for India's future," Adani wrote. - Our Bureau