In the annual report of Adani Enterprises for 2022-23, Singh stated that the company's balance sheet is 'healthy' and it possesses industry-leading business development capabilities, robust governance, secure assets and strong cash flows.
Earlier this month, Adani Group announced that it had prepaid $2.16 billion of share-backed financing, which it said was consistent with promoters' commitment to prepay all share-backed financing before 31 March 2023.
Amid banking crisis in US, Jugeshinder 'Robbie' Singh took a swipe at Larry Summers for suggesting Hindenburg's allegations against Adani Group are India's 'Enron moment'