The Adani Group has strongly refuted allegations made by Hindenburg Research that Swiss authorities have frozen over $310 million in funds across multiple Swiss bank accounts as part of an investigation into money laundering and securities forgery dating back to 2021. Adani maintains that it has no involvement in any Swiss court proceedings and that none of its accounts have been sequestered. The company reiterated its transparency and compliance with relevant laws, labeling the allegations as 'baseless, preposterous, irrational, and absurd.' Hindenburg cited newly released Swiss criminal court records to support its claims, while Adani argued that the Swiss court documents do not mention any of its group companies and that no requests for clarification have been received from Swiss authorities.