The Adani Group has clarified that it has no connection with Mahabal Cement following circulating reports claiming that the Assam government allotted 3,000 bighas in DimaHasao district for a cement plant linked to the conglomerate.
In a statement from Ahmedabad, the group described the reports, social media posts, and court hearing clips as “baseless, false and misleading.” The spokesperson emphasized, “Linking the Adani name to Mahabal Cement is mischievous,” and urged media, digital platforms, and the public to verify facts before sharing such claims.
The statement read:
“It has come to our notice that certain news reports, social media posts and clips from court hearings are being circulated, claiming that the Assam Government has allotted 3000 bighas in DimaHasao to the Adani Group for a cement plant.
We categorically state that these reports and references are baseless, false and misleading. Linking the Adani name to Mahabal Cement is mischievous. Mahabal Cement is not related to, owned by or connected with the Adani Group in any manner whatsoever.
We strongly urge members of the media, digital platforms and the public to verify facts before making or sharing such claims. The circulation of unverified and misleading content not only misinforms the public but also creates unnecessary confusion.”
Traders and investors, who had reacted cautiously to earlier rumors, may now resume planned activities, stabilizing demand for cement, industrial land, and related materials .
