#ThePrintPod: Adani Group’s surprising move — cancels fully subscribed Rs 20,000 cr FPO ‘to insulate investors’

Trigger could be news that Credit Suisse won't accept Adani bonds as collateral for loans. Gautam Adani says not ‘morally correct’ to continue with FPO amid stock price volatility.

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https://theprint.in/economy/adani-groups-surprising-move-cancels-fully-subscribed-rs-20000-cr-fpo-to-insulate-investors/1349180/