Sebi, DRI probing some Adani Group firms for non-compliance of rules: Govt

Adani group says it's been transparent, complying with laws

The market regulator and customs authorities are investigating Adani Group for non-compliance of rules, the government informed Parliament on Monday.

While the Securities and Exchange Board of India (Sebi) is investigating some of the companies “with regard to compliance with Sebi regulations”, the Directorate of Revenue Intelligence (DRI) is probing “certain entities belonging to the Adani Group of Companies under laws administered by it", Minister of State for Finance Pankaj Chaudhary said in a written reply to a question.

He, however, added that the Enforcement Directorate (ED) was not probing these companies.

Chaudhary said the accounts of three of the