The Adani Group stocks hit the lower circuit on Monday after the the National Securities Depository Ltd. froze the accounts of Albula Investment Fund, Cresta Fund and APMS Investment Fund effective May 31.

As per reports, the funds, registered at the same address in Mauritius, own more than Rs 43,500 crore or $6 billion in four Adani group firms. The frozen accounts won't be able to sell or buy new securities.