Stocks continue to fall; What is happening in Adani Group… LIC Probe Soon! | Stocks continue to fall; What is happening in Adani Group… LIC Probe Soon!

by time news

However, the opposition parties continued to demand a high-level inquiry in the Parliament regarding the Adani Group issue. The central government has not spoken about the Adani issue. But the Adani group continued to suffer successive declines. Many companies backed out. Everyone was expecting what LIC, the country’s largest public sector company, was going to do in this environment. In this case, LIC said that it will meet the top executives of Adani Group regarding this matter.

LIC, Chairman MR Kumar

In this regard, LIC Chairman MR Kumar told reporters:

“We want to know what is happening in the market and the Adani Group. Our investor group had already sought an explanation from the Adani management. As we were busy preparing the quarterly results, we were unable to contact the Adani Group. We will soon call them for clarification. . Let’s hear how they are managing it and how they are going to deal with these issues. Later it will be explained. We can’t give a timeline for the meeting between LIC and Adani Group officials now, we will meet soon and seek clarification.”

You may also like

Leave a Comment