“’23 investigations into Adani complete, have disclosure framework’: SEBI denies Hindenburg’s allegations against Chairperson”, Swarajyamag August 11, 2024:
“In response to Hindenburg Research’s 10 August report, the Securities and Exchange Board of India (SEBI) urged the investors to remain calm and elaborated on its efforts to investigate Adani Group on earlier allegations.
SEBI highlights the Supreme Court’s January order noting that SEBI had completed 22 out of 24 investigations into the Adani group, after which one more investigation has been completed and one is close to completion.
Hindenburg alleged that SEBI Chairperson Madhabi Puri Buch and her husband have stakes in obscure offshore entities linked to the Adani Group, raising questions about potential conflicts of interest……”
Read the full article at Swarajyamag.com
