According to Adani Group, although Vinod Adani is part of the promoter group, he does not hold any managerial positions in the group’s public companies or its subsidiaries
Congress leader Jairam Ramesh alleged that Vinod Adani ‘manages a vast labyrinth of offshore shell entities’ that have ‘collectively moved billions of dollars into Indian Adani publicly listed and private entities’.
AdaniConneX Private Ltd is in talks with at least six banks for loan of around $220 million and would use the proceeds from loan for capital expenditure
Vinod Adani is widely reported to be working out of Dubai in the United Arab Emirates. Regulatory filings show he is a Cypriot national
