The Adani Group has issued an official statement clarifying that it has no connection with Mahabal Cement, countering circulating reports claiming that the Assam government allotted 3,000 bighas of land in DimaHasao district for a cement plant linked to the conglomerate.
In a statement from Ahmedabad, the group said, “These reports and references are baseless, false and misleading. Linking the Adani name to Mahabal Cement is mischievous.” The spokesperson urged media, digital platforms, and the public to verify facts before sharing such claims, emphasizing that misinformation can create confusion among consumers and investors alike.
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.”
Analysts suggest that steady demand for cement and building materials will continue as misinformation-driven speculation subsides, helping maintain pricing stability and supply chain confidence.
