Hindenburg Research, which shook Adani Group, comes to an end, the company founder said, the work is complete!

This is the same company whose report had created a stir all over the world and the Gautam Adani Group had suffered huge losses.

Hindenburg Research Closed Down Adani Group News In Hindi: American short selling firm Hindenburg Research, which has made many serious allegations against Adani Group, has now decided to close shop. Yes, Hindenburg Research founder Nathan Anderson has taken a shocking decision to close the company. This is the same company whose report had created a stir all over the world and the Gautam Adani Group had suffered huge losses. Hindenburg Research founder Nathan Anderson announced the company's closure in an emotional post on social media.

He wrote in his post that I do not know how to deceive, so he is deciding to close his company. With this decision, the era of historical financial investigation has also ended.

post written on x

Nathan Anderson, founder of Hindenburg Research, an American short-selling firm that led to huge losses for the Adani Group, shared his journey, struggles and successes through an emotional post on Twitter. The plan was to shut it down after completing the ideas we were working on, Anderson wrote in the post. So today that day has come.

This firm used to do ground breaking financial investigation work. It was established in the year 2017. “We shook up some empires that we thought needed shaking,” Anderson wrote in his post.

These giants including Adani were also shaken

Since Hindenburg's founding in 2017, the investigative firm has gained a reputation for exposing fraud, corruption and mismanagement in the industry. Anderson described his accomplishments as shaking up some of the biggest empires he felt needed shaking. The Hindenburg report shook many billionaires, including Adani and Block Inc.

In the year 2023, Hindenburg published a report accusing Gautam Adani's Adani Group of fraud and embezzlement. According to the Bloomberg Billionaires Index, Gautam Adani was the fourth richest person in the world at that time. But after the report came out, Adani suffered a loss of $ 99 billion that year. Meanwhile, the market cap of its publicly traded companies fell to $173 billion.

(For more news apart from Hindenburg Research Closed Down Adani Group News In Hindi , stay tuned to Spokesman Hindi)

end-of