New Delhi: The global rating agency Standard and Poor’s has placed Adani Transmission Limited’s environmental, social, and governance (ESG) evaluation under review.Adani Transmission is the largest private power transmission and distribution company in India.The Adani family controls the company with a reported 75% stake. The rating agency said allegations related to group governance and disclosures may affect the appetite of fund providers and business partners to support ATL’s growth.This may raise financial and operational risks for the company.Allegations levelled by the US-based short-selling firm Hindenburg Research against Adani Group – of stock manipulation and accounting fraud – have caused ripples to be felt in the fortunes of the company and its worldwide impressions.Index provider MSCI has said, according to Reuters, that it will postpone implementation of updates to weightings for two Adani Group companies in India to the May benchmark review. While one is Adani Transmission, the other is Adani Total Gas.‘Market rumour’Meanwhile, Adani Enterprises Limited has issued a ‘clarification’ on news reports which had earlier claimed that the Group had appointed accountancy firm Grant Thornton for audits of some of its companies.“We would like to clarify that the said news item appears to be a market rumour and hence it would be inappropriate on our part to comment on it,” the company said in an exchange filing, Mint has reported.LendingAdani Ports and SEZ will stop lending money to non-group companies after having lent at least Rs 12,687 crore last year, according to a Mint analysis.Instead, the Gautam Adani-controlled company will use surplus funds to cut its Rs 44,000 crore debt pile.Adani Ports’ management disclosed the information to analysts from Pimco, Deutsche Bank, and JP Morgan Asset Management in response to queries regarding the nature of the loans extended to non-related parties or those not owned by the group promoter.An agreement signed by Adani Power last year to acquire DB Power, which operates a thermal power plant in Chhattisgarh, for an enterprise value of Rs 7,017 crore, has expired. The date to complete the process was extended four times after the initial deal was signed in August 2022.Meanwhile, Adani Enterprises, which had scaled up operations at a breakneck speed over the past few years, said it would refrain from bidding for new projects till the time the volatility in the market remains, one of its top officials said. “We will not make new commitments till we settle this volatility period,” Jugeshinder Singh, group CFO, Adani group, told analysts in a post earnings call.PortThe Telegraph has reported that a proposed port at Tajpur found no mention in the budget speech of Bengal finance minister Chandrima Bhattacharya a day ago, pushing the future of the project under a cloud.The Mamata Banerjee government had issued a letter of intent to Adani Ports and Special Economic Zones after a global tender process in October 2022. The work on the project was to begin in 2024.