Amid rising geopolitical tensions in the Middle East due to the Iran-Israel conflict, the Adani Group has assured investors that its overseas assets remain secure.
Pranav Adani, a key representative of the Adani Group, said in a statement that the company’s global holdings are not under any threat from the current conflict in the region.
> “Our overseas assets are completely safe, and we are closely monitoring the situation,” said Pranav Adani. “We remain committed to protecting our operations and stakeholders across all regions.”
This comes as concerns have grown around the potential impact of the escalating Middle East conflict on Indian businesses with investments abroad—especially those with exposure to Israel and nearby countries.
Adani Ports and SEZ Ltd (NSE: ADANIPORTS) shares were trading at Rs 1,349, up Rs 11 or 0.82% at the time of this update, reflecting investor confidence following the statement.
The Adani Group has strategic infrastructure investments globally, including in ports and logistics across the Middle East, Europe, and Asia. The company’s quick response is seen as an effort to calm market nerves and reinforce trust among global investors.
Update
World’s largest shipping company, Maersk, has announced the suspension of all commercial shipments to Israel’s Haifa port.
Be First to Comment