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Neither Mr Adani nor the Adani Family has any plan or is in consultations to open a family office overseas

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We are aware of a report from Bloomberg news claiming that Adani Group Chairman Mr Gautam Adani is considering opening a family office in Dubai or New York. Spokesperson, Adani Group  said.

There is no truth to this claim. Neither Mr Adani nor the Adani Family has any plan or is in consultations to open a family office overseas.

It is extremely unfortunate that this baseless report by Bloomberg has triggered a flood of needless and avoidable speculation in the media.