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Business News » Markets News

No immediate impact on Adani entities' ratings following 'short-seller' report: Fitch Ratings

There are also no near-term significant offshore bond maturities, said Fitch Ratings while speaking about Adani entities. 

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No immediate impact on Adani entities' ratings following 'short-seller' report: Fitch Ratings
Fitch rating agency said it expects no material changes to its forecast cash flow for Adani entities. (Image: Reuters)

PTI Fitch Ratings on Friday said there is no immediate impact on the ratings of Adani entities and their securities following a short-seller report alleging malpractices at Adani group. In a statement, the rating agency said it expects no material changes to its forecast cash flow.

"There are also no near-term significant offshore bond maturities," it said.

 

(The story will be updated shortly)

Read more on Adani Group on Zee Business

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TAGS:
Adaniadani hindenburg reportFitch Ratings
Written By: ZeeBiz WebTeam
Updated: Fri, Feb 03, 2023
01:51 pm
New Delhi, ZeeBiz WebDesk
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