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Barred or not? Adani investors fret over three Mauritius-based funds

Barred or not? Adani investors fret over three Mauritius-based funds
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Adani shares fall as accounts of 3 Mauritius-based funds owning the group s stocks are frozen

Adani shares fall as accounts of 3 Mauritius-based funds owning the group’s stocks are frozen Nupur Acharya © Provided by The Print Mumbai: Shares of some companies controlled by billionaire Gautam Adani plunged after a report said accounts of three Mauritius-based funds that own the group’s stocks have been frozen. The National Securities Depository Ltd. froze the accounts of Albula Investment Fund, Cresta Fund and APMS Investment Fund effective May 31, according to the NSDL’s website. The action could be due to insufficient disclosure of information regarding beneficial ownership, the Economic Times newspaper reported on Monday, citing people it didn’t identify.

Adani shares fall as accounts of 3 Mauritius-based funds owning the group s stocks are frozen – ThePrint

Adani shares fall as accounts of 3 Mauritius-based funds owning the group s stocks are frozen – ThePrint
theprint.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theprint.in Daily Mail and Mail on Sunday newspapers.

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