Full text of Sebi statement on Hindenburg allegations in Adani issue

“The Hon’ble Supreme Court in its Order of January 3, 2024, noted that SEBI had completed twenty–two out of twenty–four investigations into the Adani group. Subsequently, one more investigation was completed in March 2024, and one remaining investigation is close to completion. During the ongoing investigation in this matter, more than 100 summons, around 1,100 […]

Hindenburg alleges SEBI chief Madhabi Buch, husband linked to Adani offshore entities

Hindenburg Research, on August 10, released findings indicating that SEBI Chairperson Madhabi Buch and her husband, Dhaval Buch, had stakes in obscure offshore entities implicated in the Adani group’s alleged money siphoning scandal.The investigative report highlighted previously unknown ties between the Buch couple and offshore funds. Hindenburg stated, “We had previously noted Adani’s total confidence […]