At least six Adani group firms have received show cause notices from Securities and Exchange Board of India (SEBI) for alleged violation of related party transactions and non-compliance with listing regulations, the companies said in stock exchange filings.
Group s flagship Adani Enterprises,
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The Congress criticized the Adani Group and the BJP, claiming that show cause notices from SEBI to seven Adani Group firms contradict the notion that the Supreme Court expert committee gave the group a "clean chit". The notices, alleging violations in related-party transactions and listing regulations, were disclosed in regulatory filings. Congress General Secretary Jairam Ramesh highlighted auditors "qualified opinions" on questionable transactions and SEBI s investigations into 13 suspicious transactions.