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2024

Billionaire Gautam Adani to revamp family offices, hire auditors and CEO to boost oversight

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Billionaire Gautam Adani plans to hire auditors from a top global firm and appoint a CEO for his family offices to improve transparency and disclosure. This move follows last year’s scrutiny by Hindenburg Research over the group’s opaque operations. Professionals will be hired to oversee shareholding and financial reporting, making the family office fully operational by April 2025.