MSCI to announce changes in free float status of Adani Group stocks

MSCI to announce changes in free float status of Adani Group stocks today

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Morgan Stanley Capital International (MSCI) on Thursday said that some Adani group stocks should no longer be designated as free float

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After investors raised concerns over the eligibility of the Adani companies for some of its indexes

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Adani stocks associated with its MSCI Global Investable Market Indexes (GIMI) will be announced later today

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The changes for the Adani stocks associated with its MSCI Global Investable

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Market Indexes (GIMI) will be announced later today

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MSCI defines the free float of security as the proportion of shares outstanding that are considered available

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Adani Group has been engulfed in crisis since US-based short-seller Hindenburg Research

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