Some Mauritius-based funds made outsized investments into a small group of small-cap companies. In some funds, the identity of the ultimate beneficial owner remains a mystery
Adani–Hindenburg aftermath: Decoding the expert committee s findings on SEBI s regulatory failure, Part 2 – The Leaflet theleaflet.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theleaflet.in Daily Mail and Mail on Sunday newspapers.
The group in 2022 announced acquisition of Ambuja Cements and its subsidiary. But ‘Morning Context’ reported that Vinod Adani was an ultimate beneficial owner.
Although the Adani Group in its response to Hindenburg's allegations claimed that Vinod Adani, the business tycoon's elder brother, has no official role and is not a related party, investigations reveal something else.