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No conclusion of wrongdoing in SEBI application to SC, says Adani Group
Updated On: 01 May, 2023 08:01 AM IST | New Delhi | Agencies
The SC on March 2 asked Securities and Exchange Board of India (SEBI) to conclude within two months its probe into allegations levelled by US short-seller Hindenburg Research against Adani Group. SEBI was to file a status report on May 2 but it made an application for extension on Saturday
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Adani Group Chairman Gautam Adani. File pic/PTI
Capital markets regulator SEBI has not concluded any wrongdoing in its application to the Supreme Court, seeking six more months to complete a probe into allegations against Adani Group, the conglomerate run by billionaire Gautam Adani said.
The SC on March 2 asked Securities and Exchange Board of India (SEBI) to conclude within two months its probe into allegations levelled by US short-seller Hindenburg Research against Adani Group. SEBI was to file a status report on May 2 but it made an application for extension on Saturday.
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