Adani Group to plan Investors’ Conference in Singapore to boost global confidence
AHMEDABAD : The Adani Group is set to hold an investor conference in Singapore later this month, aimed at strengthening global investor confidence and widening its international shareholder base.
Scheduled for November 24 and 25, the two-day event will bring together management teams from across the Group’s Chairman Gautam Adani’s diverse business portfolio — spanning ports, energy, infrastructure, and more — for discussions with equity and credit investors, banks, and bond-rating agencies, according to people familiar with the development.
The Group’s senior leadership, including Group Chief Financial Officer Jugeshinder Singh and key executives from various Adani companies, will participate in the meetings to share strategic insights, financial performance updates, and long-term growth outlooks.
The Singapore conference is part of Adani Group’s continued outreach to engage transparently with global investors and reinforce its commitment to sustainable growth and financial prudence.
The two-day event will bring together management teams from across Gautam Adani’s diversified portfolio — including ports, energy, and infrastructure — for meetings with equity and credit investors, banks, and bond-rating agencies, according to people familiar with the matter. Group Chief Financial Officer Jugeshinder Singh and senior executives from various Adani companies are expected to lead the discussions.
On the sidelines of a similar investor event in London earlier this year, Singh had outlined the conglomerate’s plan to reduce leverage over the next five years, reaffirming the group’s focus on balance sheet strength and sustainable expansion.
The latest outreach reflects Adani’s continued drive to rebuild momentum and investor trust, following a short-seller report in 2023 and a U.S. Department of Justice investigation into an alleged bribery case — allegations the group has strongly denied.
In a parallel development, Adani Enterprises Ltd. this week launched a rights issue worth ₹249.3 billion ($2.8 billion), offering shares to existing investors at a 24% discount to market price. The move aims to bolster capital for future growth. Meanwhile, BofA Securities has initiated overweight coverage on select Adani Group dollar bonds, citing strong EBITDA growth prospects as the conglomerate expands capacity while maintaining a disciplined approach to leverage.