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Deloitte resigns as Adani Ports auditor
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₹3,871 crore recoverable from a contractor that provided EPC services, which the company believed was not a related party. “However, the contractor was identified as a related party in a short seller (Hindenburg Research) report published in January 2023.
The net balance with the contractor increased by ₹122 crore on a sequential basis in the June 2023 quarter," Deloitte said. Deloitte's resignation comes just days before the much-anticipated probe report on the Adani Group by the Indian market regulator.
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