Suspense Crime Sach Ka Dam
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The investment arm of Goldman Sachs Group Inc dramatically reduced Adani Group’s exposure to its ESG portfolio. Funds did so in the weeks following a report from US short-seller Hindenburg Research. Last February, Goldman Funds, registered under EU regulations, sold a total of 11.7 million shares of Adani group companies. These funds aim to promote environmental, social and governance objectives. Post this sale, Goldman Sachs’ ESG Funds’ exposure to the Adani group was limited to 4 lakh shares of Ambuja Cements. In this way he exited other Adani group companies. Other asset managers who sold Adani Group shares from the ESG Fund include Northern Corp and Storebrand ASA. Which does not include Exchange Traded Funds. A total of 13 actively managed ESG funds reduced their stake in the group. Together they sold a total of 1.2 crore shares of Adani Group. In which Goldman Sachs had the highest share. However, a Goldman Sachs spokesperson declined to comment on the matter. Spokespeople for Northern Trust and Storebrand also did not respond. Meanwhile, the Adani Group is trying to re-enter the market.
Adani Group flagship companies Adani Enterprises and Adani Transmission, which witnessed a market capitalization of over $100 billion following a Hindenburg Research report, fell by Rs. Rs 21,425 crore has already been approved for raising funds. Spokespeople for Northern Trust and Storebrand also did not respond. Meanwhile, the Adani Group is trying to re-enter the market. Adani Group flagship companies Adani Enterprises and Adani Transmission, which witnessed a market capitalization of over $100 billion following a Hindenburg Research report, fell by Rs. Rs 21,425 crore has already been approved for raising funds. Spokespeople for Northern Trust and Storebrand also did not respond. Meanwhile, the Adani Group is trying to re-enter the market. Adani Group flagship companies Adani Enterprises and Adani Transmission, which witnessed a market capitalization of over $100 billion following a Hindenburg Research report, fell by Rs. Rs 21,425 crore has already been approved for raising funds.
