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Hindenburg report links Sebi chief Madhabi Puri Buch to 'offshore funds used in Adani scandal': 10 points
Credit: DNA- Published on August 11, 2024
Hindenburg claimed in a blog post that Buch and her husband, Dhaval Buch, held stakes in 'obscure offshore funds' tied to the Adani scandal
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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💡 newsR Knowledge: Other News Mentions
Madhabi Puri Buch
Indian businesswoman and Chairperson of SEBI (born 1966)
Adani Group
Indian multinational conglomerate
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Hindenburg also accused Buch and her husband of holding undisclosed investments in offshore funds located in Bermuda and Mauritius
on August 12, 2024 • DNA