The Adani Group’s recent plan to raise $350 million for the explicit purpose of prepaying bonds – while debt prepayment is a common financial practice, the decision to secure external funds specifically for this purpose needs to be made clearer. The plan questions the prudence of such a strategy, asserting that if a business possesses surplus cash from its operations, utilising these funds for debt repayment might be a more reasonable approach. We will also analyse which Hindenburg Reports predictions came true.