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Adani Enterprises shares to be removed from Dow Jones Sustainability Indices

Shortpedia

Content Team
Image Credit: the wire

Trouble seems to be mounting for Adani Group since the Hindenburg report's release. In latest, Adani Enterprises will be removed from S&P Dow Jones Sustainability Indices before their opening on February 7, according to a report by Mint. In a statement, they said that Adani Enterprises will be removed from the indices following a media and stakeholder analysis triggered by allegations of stock manipulation and accounting fraud.