Bangladesh’s interim government has said it will cancel its power contract with Adani Group if corruption is proven. The National Review Committee’s interim report alleged “massive corruption” in power deals under the Hasina regime, including the 2017 Adani Power agreement
Adani Power shareholders have approved a 1:5 stock split, sub-dividing each ₹10 share into five shares of ₹2 each. The move, aimed at boosting retail investor participation, raises total equity shares from 2,480 crore to 12,400 crore
A report in the Daily Star, which is now being shared widely with Adani’s business dealing coming under global scrutiny, says nothing explains the-then Bangladesh government's rationale for signing the power purchase agreement for the deal two years later