Following the denial, as of 10:32 AM on September 13, Adani Power has dipped by 1.55%, Adani Ports by 0.93%, and Adani Enterprises by 0.47%.
Hindenburg Research alleged Adani was involved in money laundering and securities forgery with $310M seized in Swiss accounts.
Adani Group firmly rejects the claims, stating no connection to the Swiss legal matters or any court proceedings.
The group clarifies it is not involved in any Swiss court actions or offshore fund investments as alleged.