New Delhi, Jan 2 (PTI) The Supreme Court will pronounce its verdict on Wednesday on a batch of petitions on the Adani-Hindenburg row over allegations of stock price manipulation by the Indian corporate giant.

A bench headed by Chief Justice D Y Chandrachud had on November 24 reserved its verdict on the pleas.

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The top court, while reserving the verdict, had said it has no reason to "discredit" SEBI, the stock market regulator, which probed the allegations against the Adani group. The court said there was no material before it to doubt what the market regulator had done.

The bench had said it does not have to treat what was set out in the Hindenburg report as a "true state of affairs".

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(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)