According to a document India’s largest conglomerate, Adani Group, is about to host roadshows in Dubai, London, and several cities in the United States. It looks like the conglomerate is trying to muster up the confidence drained by a US-based short-selling firm Hindenburg Research.
The roadshow will begin on March 7, 2023, to March 15, 2023. The Group’s Management along with the Chief Financial Officer Jugeshinder Singh will attend the roadshow.
The group did not immediately respond, however, it seems to be true. Adani Group recently held a three-day roadshow in Singapore and Hong Kong in order to appease investors.