The three-judge bench granted Securities and Exchange Board of India (SEBI) an extension of time till August 14 to submit its report, even as the matter will be listed next on July 11.
In the Adani-Hindenburg matter, Securities and Exchange Board of India (SEBI) on Wednesday filed an affidavit before the Supreme Court clarifying that the statement of the Minister of State for.
On May 15, Sebi informed the apex court that it had not conducted any public investigation into Adani group companies, listed on the stock exchange, since 2016 regarding the suspected misuse of global depository receipts (GDRs) for illicit purposes or any other violations.
Amid the political row over the Securities and Exchanges Bureau of India (SEBI) telling the Supreme Court that it had not been probing the Adani Group since 2016, the Finance Ministry on Monday said it stands by its July 2021 written reply in Parliament that had stated that the stock market regulator was investigating some Adani group companies. aaa
The damning January 24 report of US short seller Hindenburg had alleged that some of these funds based out of Cyprus and Mauritius were proxies of Adani s that were used to manipulate stock markets and funnel money