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Adani Share Price Fall: Why NSDL's Website Shows Frozen Accounts Of Three Funds
Here's what may have sparked confusion about frozen accounts of three Adani Group investors.
15 Jun 2021, 10:08 AM IST
It’s a question worth several billion dollars. Are the accounts of three foreign portfolio investors, each with substantial investments in Adani Group companies, frozen or not?The three FPIs—Albula Investment Fund, Cresta Fund and APMS Investment Fund—together own Rs 42,000 crore worth of shares in Adani Group companies. Well, now somewhat less than that.Early Monday morning, a news report by the Economic Times said the depository ac...
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