π’"Adani Group on the Line: Global Index Provider MSCI to Evaluate Presence of Adani Group Companies in Global Indices"π
[THREADπ§΅]
1) MSCI, short for Morgan Stanley Capital International, is widely known for its global indices.
#Adani #AdaniGroup #MSCI
[THREADπ§΅]
1) MSCI, short for Morgan Stanley Capital International, is widely known for its global indices.
#Adani #AdaniGroup #MSCI
2) MSCI reported that it has received various comments from market participants regarding the eligibility and free float calculation of certain securities linked to the Adani Group for inclusion in the MSCI Global Investable Market Indexes (GIMI).
3) The feedback received by MSCI has prompted a review of the free float of Adani Group securities.
4) The outcome of the review will be reflected in the changes to the free float & market cap calculation, which will be implemented by MSCI during the February 2023 Index Review.
4) The outcome of the review will be reflected in the changes to the free float & market cap calculation, which will be implemented by MSCI during the February 2023 Index Review.
5) To put it simply, this could result in a change in the weightage of Adani group companies in the MSCI Global Indices.
6) For those who are interested in MSCI's announcement on this matter, here is a link.π
msci.com
msci.com
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