Adani Enterprises, the flagship of Gautam Adani's business empire, disclosed the receipt of two show-cause notices during the quarter ending on March 31. Adani Ports & Special Economic Zone, Adani Power, Adani Energy Solutions, Adani Wilmar and Adani Total Gas also informed the bourses about SEBI's recent inquiries.
One of the petitioners before the Supreme Court, Anamika Jaiswal, has alleged that some of the members in the present committee have conflicts of interests in relation to the Adani group.
Adani Enterprises, Adani Ports, Adani Power, other Adani Group stocks saw gains of up to 7% on Monday after the group promoter firm increased its stake in two of the group’s listed companies. Watch this Visual Story to know more.