Shares of Adani group firms fell on Monday after Deloitte resigned as auditor of the group’s port company.
Deloitte has resigned as auditor of the Adani group’s port company, with the firm run by billionaire Gautam Adani saying the auditor wanted a wider remit over other companies in the conglomerate following the report of a US short seller.
Shares of Ambuja Cements dived 3.49 per cent, Adani Enterprises fell by 3.26 per cent, Adani Transmission declined by 2.69 per cent and ACC slipped 2.27 per cent on the BSE.
The stock of Adani Green Energy declined by 2.09 per cent, Adani Wilmar (1.96 per cent), Adani Total Gas (1.88 per cent), Adani Ports skidded 1.66 per cent, NDTV (1.37 per cent) and Adani Power (0.78 per cent).
In the equity market, the 30-share BSE Sensex bounced back during the fag-end of the trade and climbed 79.27 points or 0.12 to settle at 65,401.92.
The resignation came weeks after Deloitte raised concern over certain transactions flagged in the report of Hindenburg Research.
In a statement, Adani Ports & Special Economic Zone (APSEZ) confirmed the resignation and appointment of M S K A & Associates as the new auditor.
