No immediate impact on Adani entities' ratings following 'short-seller' report: Fitch Ratings

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Photo used for representation purpose only.

Photo used for representation purpose only.

Fitch Ratings, on February 3, 2023, said there is no immediate impact on the ratings of Adani entities and their securities following a short-seller report alleging malpractices at Adani group.

In a statement, the rating agency said it expects no material changes to its forecast cash flow.

“There are also no near-term significant offshore bond maturities,” it said.

source

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