No immediate impact on Adani group ratings following Hindenburg report: Fitch Ratings

author-image
NewsDrum Desk
New Update
Gautam Adani Group Hindenburg

New Delhi: Fitch Ratings on Friday said there is no immediate impact on the ratings of Adani group firms and their securities following a short-seller Hindenburg 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.

Adani group Adani Hindenburg report fitch ratings Hindenburg