Adani clarifies on news article published in ET

Adani Ports and logistics in a letter has made a clarification on news article published in economic times – A/c's of 3 FPI's owing Adani shares frozen.

The letter reads "We bring to your kind attention, the news headlines published in ET that NSDL has frozen the accounts of 3 foreign funds – Albula Investment Fund, Cresta Fund and APMS Investment Fund holding shares in the Adani Group Companies". In the letter, Adani Group Companies mentions these reports as "blatantly erroneous" and is done to deliberately mislead the investing community.

The Adani Group Companies are issuing the letter in the larger public interest and for the protection of the minority investors interest.