Hindenburg Replies to Adani's Defense Report Threats!! See Conclusion!!

Hindenburg recently released a 2 years research-based 106 pages report with 32000 words. The reports revealed the truth of various businesses of Gautam Adani. Adani soon replied to the report calling it 'unresearched'. The billionaire provided a 413 pages report in reply to the accusations.

Adani's Reply to Hindenburg Report

Hindenburg reveals that the reply contains only 30 pages that are actually related to their concerns. Other than that, 330 pages were just related to court records and the other remaining pages concluded high financial reports and general information. The reply also consisted of the ethical value of the company including the production of safe vegetables and encouragement to female entrepreneurship.

The response from the billionaire seems flawed and based on the judgments, it can be said that the Hindenburg report was right at last. Adani's defense report has also ignored major key questions making it even more suspicious.

A politician shared data that shows Gautam Adani has slipped down to 9th position in the World's richest list.

#Adani further slips down to 9th position. The bubble is getting burst! pic.twitter.com/d9VUKtYQUl

— YSR (@ysathishreddy) January 30, 2023