Netizens Flood Twitter with Jokes and Memes After Adani Shares Hit Lowest Circuit
Reports suggest that Adani's accounts have been frozen due to insufficient disclosure of information related to the beneficial ownership of the accounts.
On Monday morning, shares of Adani Group companies witnessed a massive drop. This happened amid reports that the National Securities Depository Ltd (NSDL) has frozen certain FPIs accounts with holdings in some of these firms.
According to a PTI report, Adani Enterprises fell 24.99 per cent to Rs 1,201.10, Adani Ports and Special Economic Zone dipped 18.75 per cent to Rs 681.50 on the BSE.
Bloomberg
Reports suggest that Adani's accounts have been frozen due to insufficient disclosure of information related to the beneficial ownership of the accounts.
APMS Investment Fund, Albula Investment Fund and Cresta Fund, the three FPIs, are all registered in Port Louis, Mauritius, with Albula and APMS sharing the exact same address as well.
Ever since the news has surfaced, Twitter was flooded with memes and jokes on the same.
Here are some of the best ones that will make you laugh.
Elon Musk : I can move cryptos with just one tweet.
¡ª gj nithin (@gj_nithin) June 14, 2021
Sucheta Dalal :
#Adani #AdaniGroup #SuchetaDalal pic.twitter.com/9G275k7Q6g
Adani Investors situation before and right now - #SuchetaDalal #Scam2021 pic.twitter.com/hXwrpqyeCm
¡ª Shani Gajera (@GajeraShani) June 14, 2021
#Adani shares 10% down bcoz of #suchetadalal news pic.twitter.com/01ByPkP3oz
¡ª sHubham..... (@vr_shubham) June 14, 2021
BHEL PNB HOUSING & other now ..??? #Adani pic.twitter.com/nzLIvTE493
¡ª Learner Soul?? (@SoulLethalL) June 14, 2021
#AdaniGroup #Adani #SuchetaDalal
¡ª SHEKHAR S (@Ganga_putraa) June 14, 2021
Sony live subscribers getting ready for pic.twitter.com/dCd2VOOg3E
Adani Shareholder Right Now .....#AdaniGroup#Scam2021 pic.twitter.com/kfaUgcJJ5D
¡ª Rishab Singh (@Rishabisback) June 14, 2021
#SuchetaDalal #Scam2021
¡ª Shaikh Afzal (@Affzuuuu) June 14, 2021
People who bought Adani stocks few days ago : pic.twitter.com/uG8vxZVBqL
Whole scene in a nutshell ?
¡ª Deepanshu Chouhan (@DC_1301) June 14, 2021
#SuchetaDalal #Adani #Scam2021 #StockMarket #AdaniPower #AdaniGroup pic.twitter.com/6VXzwQTPah
SEBI says don't believe in any "21 din mein paisa double'' kind of scheme. But Adani group busted this myth. #Adani pic.twitter.com/wRk6xGOUMI
¡ª Adwait (@adwaitsm) June 14, 2021
Adani: My accounts are frozen. My company shares crashing.??
¡ª Ramesh Karanam (@realKaranam) June 14, 2021
Modi: #Adani #AdaniGroup #SuchetaDalal #SuchiLeaks #Scam2021 pic.twitter.com/akqEo1QpuT
#harshadmehta would have been thinking right now...!!#Scam2021 #AdaniGroup #adanigreen #SuchetaDalal #Adani #indiasharemarket pic.twitter.com/Qu83TUwx0x
¡ª shahbaz khan (@shahbaz1709) June 14, 2021
#SuchetaDalal #StockMarketindia
¡ª #MaskUp?? (@Meghanadh_B) June 14, 2021
Harshad to #Adani groups : pic.twitter.com/07PE5zfnoF
#Adani scam 1992 music in the background pic.twitter.com/1F1YQhdRwE
¡ª varun nayak (@varunjcnayak) June 14, 2021
#AdaniGroup Shares :-#Adani #StockMarket pic.twitter.com/jxXxFBJqrY
¡ª Option Jivi (@ojasmalushte) June 14, 2021
#SuchetaDalal is one only reporter who always stand with truth. yaa i know you have money we #investor have #SuchetaDalal #Adani is a new scammer pic.twitter.com/6f9TVSEj6N
¡ª zooby? (@zooby_ravan) June 14, 2021
Just 1 tweet and Adani Group's Shares are hitting Lower Circuit.
¡ª Nidhi Surana (@Nids_surana) June 14, 2021
Le #SuchetaDalal :#Scam2021 #Adani #AdaniEnterprises pic.twitter.com/UVOXb9pDcx
Nobody:
¡ª Sohan (@sohanv_) June 14, 2021
Left wing gang:#SuchetaDalal to #ADANI stonks: pic.twitter.com/sO0NWFiieF
Adani group shareholders be like :#Adani #Nifty pic.twitter.com/4XoH2Bh1TE
¡ª Viren000 (@Paisa_laya_kya) June 14, 2021
A foreign portfolio investment (FPI) is a grouping of assets such as stocks, bonds, and cash equivalents. Portfolio investments are held directly by an investor or managed by financial professionals.
