Amid a rout in stock prices caused by a US short seller's allegations, Abu Dhabi-based International Holding Company (IHC) on Monday said it has invested AED 1.4 billion (USD 400 million) in the share sale of Adani Group's flagship firm.

The investment in Adani Enterprises' follow-on public offering (FPO) was made through its subsidiary Green Transmission Investment Holding RSC Limited, a company statement said.