The Adani Group’s alleged ‘related parties’ in positions of responsibility

/ Adani Enterprises, Adani Green Energy, Adani Group, Adani Ports, Ambuja Cements, Ameet Desai, CFO, Companies Act, conflict of interest, cooling off period, corporate governance, Dhruva Advisors, Dinesh Kanabar, disclosure requirements, IiAS, independent director, related party transactions, SEBI, tax advisor

AdaniWatch examines two examples where appointments of ‘independent directors’ to Adani Group companies have raised questions. One concerns a director whose financial firm has provided important financial advice to numerous Adani companies. Another concerns a director who appears to have been appointed before a mandatory ‘cooling-off period’ for former staff and others with a pecuniary relationship had expired.

Published by: Adani Watch
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