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BREAKING Adani-Hindenburg Row: SC Says No Ground To Transfer Case From SEBI To SIT
Credit: Zee News- Published on January 3, 2024
The controversial Hindenburg Research's report, inter alia, alleged that the Adani Group of companies has manipulated its share prices, failed to disclose transactions with related parties.
Video credit: Oneindia
Published on January 2, 2024 - 02:36
Adani-Hindenburg case: SC to pronounce verdict over pleas seeking probe on January 3 | Oneindia News
The Supreme Court is set to deliver its verdict on a series of petitions requesting a court-monitored investigation into the accusations made by US-based short-selling firm Hindenburg Research against the Adani Group on Wednesday. The court had reserved its judgement in November of the previous year. The case revolves around the allegations brought forth by Hindenburg Research concerning the financial practices and trading activities of the Adani Group, leading to the involvement of the Securities and Exchange Board of India (SEBI)
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