In the Middle East, wars continue to cast shadows on energy and logistics, Gautam Adani said at Adani Enterprises’ Annual General Meeting on Tuesday. In Europe, economic confidence has stumbled, and the US has its own challenges, he said, adding that in the midst of all this noise, India stood apart and grew faster than any other major nation.Adani also spoke on US Department of State and the FCC-related allegations against the group. “When we faced allegations from the U.S. Department of State and the FCC related to Adani Green Energy, the facts—despite all the noise—remain that no one from the Adani Group has been charged with violating the FCPA or obstructing justice.”Even in a turbulent year, we stand as proof of a group that dares to dream beyond constraints, the Indian billionaire said. Live EventsHere are the highlights from last year’s AGM meeting:Amplified by a segment of vested media, it (Hindenburg’s claim) was designed to defame us, do maximum damage and erode our hard-earned market value.In this situation, where most companies would have gone under, our liquidity became our greatest asset. To further augment our cash reserves, we raised an additional Rs 40,000 crore, comfortably covering the next two years of our debt repaymentVisualise the world’s largest redevelopment project in Mumbai’s Dharavi as we transform the world’s largest slum over the next decade. It will provide dignity of living to its over one million residentsWe recorded our highest EBITDA of Rs 82,917 crore – or approximately $10 billion – a remarkable surge of 45%. This exceptional performance drove our PAT to a record high of Rs 40,129 crore, marking a substantial 71% growthThree of our portfolio companies – Ambuja, ACC, and APSEZ – are now AAA rated.(You can now subscribe to our Economic Times WhatsApp channel)
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(You can now subscribe to our Economic Times WhatsApp channel)Read More News onadani enterprisesadani green energyAdani AGMAdani sharesAdani stocksAdani share priceAdani shares todayAdani AGM 2025Adani Annual General MeetingAdani ports(Catch all the Business News, Breaking News, Budget 2025 Events and Latest News Updates on The Economic Times.) Subscribe to The Economic Times Prime and read the ET ePaper online….moreless