NSDL freezes accounts of 3 foreign funds that together own shares in Adani Group companies

14 Jun 2021 Evaluate

National Securities Depository (NSDL) has frozen the accounts of three foreign funds that together own shares worth Rs 43,500 crore in four Adani Group companies. The accounts of Albula Investment Fund, Cresta Fund and APMS Investment Fund were frozen on or before May 31, as per the depository's website. An account freeze indicates that the funds would not be able to sell any of the existing securities or buy any new securities.

Adani Ports and Special Economic Zone (APSEZ), a part of globally diversified Adani Group, is the largest integrated logistics player in India.

Adani Ports &Special Share Price

1341.70 17.75 (1.34%)
28-Mar-2024 16:01 View Price Chart
Peers
Company Name CMP
Adani Ports &Special 1341.70
JSW Infrastructure 245.50
Gujarat Pipavav Port 212.55
View more..
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.