Hindenburg-Adani row | Gautam Adani meets NCP supremo Sharad Pawar

The meeting comes amid Opposition’s demand for a Joint Parliamentary Committee probe into Adani-Hindenburg issue

April 20, 2023 03:02 pm | Updated 08:31 pm IST - Mumbai

Nationalist Congress Party (NCP) chief Sharad Pawar. File

Nationalist Congress Party (NCP) chief Sharad Pawar. File | Photo Credit: PTI

Amid the Opposition’s demand for a Joint Parliamentary Committee (JPC) probe into the Adani-Hindenburg issue, industrialist Gautam Adani on Thursday met Nationalist Congress Party supremo Sharad Pawar at the latter’s Silver Oak residence in Mumbai.

According to NCP insiders, the meeting, which started around 10 a.m., reportedly lasted for over two hours during which the duo discussed various issues in the country and Maharashtra.

“They had a close-door meeting which lasted for more than two hours. Saheb [Mr. Pawar] and Mr. Adani’s friendship has come a long way. Some relationships are old and they met often. But this meeting is in the news since it came in the backdrop of his latest interview in which he spoke about Adani Group and JPC,” an NCP insider told The Hindu, refusing to divulge further details about the meeting.

Another leader said the duo also had a discussion about the ‘Ajit Pawar situation’ and the BJP.

The meeting came days after the NCP patriarch came out in support of the Adani group and criticised the narrative around the U.S. short-selling firm Hindenburg Research’s report on the conglomerate.

Also Read | Congress questions LIC’s increased holding in Adani Enterprises despite 60% drop in market value of shares

Backs SC panel

In an interview with a news channel in which the Adani Group is the majority shareholder, Mr. Pawar said he was against a probe by a JPC into the allegations levelled against the Adani Group by Hindenburg and said he favoured a Supreme Court committee to probe allegations since the ruling BJP would have a majority in the JPC based on numerical strength in Parliament and this would lead to doubts on such a probe.

His statement raised doubts about Opposition unity in the western State, and the NCP is part of the Maha Vikas Aghadi which also has the Shiv Sena (UBT) and the Congress as its partners. Later, Mr. Pawar said that although his party did not agree with the demand of anti-BJP parties for a JPC probe into allegations against the Adani Group, it would not oppose JPC for the sake of Opposition unity.

Also Read | Hindenburg Research | With an eye for fraud

Top News Today

Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.