'Malicious' and 'mischievous': Adani Group rejects allegations in new Hindenburg report

Credit: IndiaTimes- Published on August 11, 2024
The Adani Group denied the latest allegations made by the Hindenburg research. Hindenburg alleged that Sebi chairperson Madhabi Buch and her husband had stakes in offshore entities involved in the alleged Adani money siphoning scandal. The Adani Group called the claims malicious, emphasizing their transparency and regulatory...

Video credit: Oneindia
Published on August 11, 2024 -  03:27
Adani-Hindenburg Saga: Adani Group Slams Latest Hindenburg Report as ‘Malicious’ and ‘Mischievous’
The Adani Group has fiercely rejected the latest allegations from Hindenburg Research, labeling them as malicious, mischievous, and manipulative. In a statement to the stock exchanges, the group defended the transparency of its overseas holding structure. Concurrently, SEBI Chairperson Madhabi Puri Buch and her husband, Dhaval Buch, have dismissed the Hindenburg report as ‘baseless,’ ‘devoid of any truth,’ and an attempt at ‘character assassination.’ #AdaniHindenburgSaga #AdaniGroup #HindenburgReport #SEBICHAIRPERSON #MADHABIPURIBUCH #ONEINDIA #ONEINDIANEWS

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