Accounts of three Foreign Portfolio Investors owning Adani Group shares frozen by NSDL

10:05:00 AM, Monday 14th of June 2021 | in business

The accounts of three Foreign Portfolio Investors (FPI) — Albula Investment Fund, Cresta Fund and APMS Investment Fund, have been frozen by National Securities Depository Ltd. These firms own more than Rs. 43,500 crore worth of shares in four Adani Group companies-Adani Enterprises, Adani Green Energy, Adani Transmission, Adani Total Gas. These three funds are registered with the Sebi as foreign portfolio investors.