Hindenburg Research on Adani Group: SEBI Seeks Six-Month Extension From Supreme Court to Complete Investigation
India's market regulator Securities and Exchange Board of India (SEBI) has requested an additional six months to finish looking into any violations of securities laws or inadequate regulatory disclosures raised by short-seller Hindenburg Research on the part of billionaire Gautam Adani's Adani company.
India's market regulator Securities and Exchange Board of India (SEBI) has requested an additional six months to finish looking into any violations of securities laws or inadequate regulatory disclosures raised by short-seller Hindenburg Research on the part of billionaire Gautam Adani's Adani company. The Supreme Court had directed SEBI to investigate the Adani Group on March 2, citing possible violations of securities contract rules, failure to comply with disclosure norms, and manipulation of stock prices. Adani-Hindenburg Row: SEBI Never Comments on Entity-Specific Matters, Says Madhabi Puri Buch.
Hindenburg Report on Adani Row
Hindenburg report on Adani: SEBI requests Supreme Court for 6-month extension to complete probe#hindenburgreport #Adani #SupremeCourt #SEBI
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— Bar & Bench (@barandbench) April 29, 2023
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