Business

Questions raised on Adani Group’s 3 FPIs, know; From name, pan, stake to demat account information

NSDL has also admitted in writing in an email that the demat accounts of these three FPIs are ‘active’.

new DelhiShares of Adani Group companies started falling sharply on Monday. The news came that NSDL has frozen the accounts of three PFIs of Adani Group. These three foreign portfolio investors are the biggest Mauritius based investors of billionaire businessman Gautam Adani. However, now this information is coming out that misleading and false information has been spread about freezing the accounts of these three FPIs, which have nothing to do with reality.

From name, pan, steak to all the information

Now we are telling you about the three FPIs of Adani Group, about which Adani Group has come under target. Zee News is putting the information of all the three companies in front of you.

1-Country: Mauritius Based Funds

2- Name and PAN: Albula Investment Fund Ltd (PAN No. AAHCA3597Q)

APMS Investment Fund Ltd (PAN No. AAECM5148A)

Cresta Fund Ltd (PAN No. AADCC2634A)

3- Demat Account Details: Cresta Fund has 10.76 crore shares in 6 companies of Adani Group.

Albula Investment has 8.59 crore shares.

APMS Investment Fund has 15.52 crore shares in five companies. (APSEZ is not named in these companies.)

4- Stake: According to the annual report of March 31, 2020, these three funds hold between 2.1 percent to 8.91 percent stake in Adani Group. These three funds are among the top 12 investors of the Adani Group.

5- Holding Value: The value of the shares of these three FPIs in the Adani Group was $ 7.78 billion as of Monday. Which has declined since Monday.

Adani Group issued statement

Adani Group issued a statement regarding this matter, in which it was told. That the controversy about these FPIs is a decade old. Adani Group said that the accounts of all the three funds are fully active and NSDL has also said in the e-mail that the above three funds are active.

Adani Ports and Special Economic Zone, Adani Green Energy, Adani Transmission Ltd, Adani Power and Adani Total Gas Ltd along with the flagship company of Gautam Adani Group, Adani Enterprises have informed the stock exchange that false information is being spread about the three FPIs. Huh. This is hurting investors, especially small investors. Terming the information spread about Albula Investment Fund, Cresta Fund and APMS Investment Fund as misleading, these companies said that it is harming the investor community. At the same time, Adani Group is also suffering. The company has said that NSDL has not frozen the accounts of these three FPIs.

According to the PTI report, NSDL has also admitted in writing in an email that the demat accounts of these three FPIs are ‘active’.

.

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button