Gautam Adani Announces Withdrawal Of FPOs Issued To Public

Adani Groups Chairman Gautam Adani announced to the withdrawal of all FPOs worth Rs. 20,000 crores. Addressing the media on February 2, Adani said, the decision to return the FPO money of all the investors and shareholders was taken in the view of the 'Market Volatility'. "In my humble journey of over 4 decades as an entrepreneur I have been blessed to receive overwhelming support from all stakeholders," said  Adani.