SEBI found offshore funds breaching Adani investment rules, seeking settlement with penalty. Regulator demanded group level disclosures. Adani denies acting in concert . No response to email requests.
After a strong surge on Monday, December 4, shares of Adani Group stocks extended their gains on Tuesday, December 5, after a Bloomberg report stated that the US had examined Hindenburg allegations before giving a loan to the Group and found that they weren t relevant.
After witnessing the biggest market cap rise since Hindenburg in the previous session (November 28), the Adani Group stocks continued their upward momentum in today s (November 29) deals as well.