The Adani Group has clarified that it has no connection with Mahabal Cement, countering reports suggesting that the Assam government allotted 3,000 bighas in DimaHasao district for a cement plant associated with the conglomerate.
In an official statement from Ahmedabad, the group described circulating news 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 dissemination.
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.”
The statement is expected to bring stability to the local construction and industrial sectors. Traders and investors, who had reacted cautiously to the earlier rumors, may now proceed with planned purchases and investments, supporting steady demand for cement and related commodities and surrounding areas.
