Adani is on a charm offensive around Asia this week the group is holding Face-to-face meetings with banks in Singapore and here in Hong Kong as it Tries to ease any concerns around its Corporate governance or Financial Health CFO Drew geishinder Singh told Bloomberg Exclusively what message he's bringing To the sit-downs we have an obligation And Duty to face People In environment like this and not just Simply do VCS and calls but to actually Meet in person and answer the questions In person meeting participants tell us That adani has so far emphasized its Ability to service that obligations and Generate cash Singh said this when asked If the group is looking to refinance any Outstanding loans or raise fresh Capital Face and answer no we don't have Anything major at all we whatever we do We always Transparency disclosed if we have not Disclosed something then that's not Going on the investor Roadshow is the Latest rescue move one month on from the Report by U.S short seller Hindenburg Research so far others like expense cuts And pre-paying debts have not managed to Meaningfully prop up sentiment adani Stock losses are around the 150 billion Dollar Mark and key bonds are below Levels seen before the allegations still
Seeing is confident the sell-off will Not last and that the group's image will Be rehabilitated our reputation is only As good as a business Okay our businesses Are India's best And Global's best in our category We will deliver on the business Execution operations and cash flow Without exception the adani Roadshow Continues into Wednesday in Hong Kong I'm Annabelle Jewelers Bloomberg News
