 "Hindenburg Research, Adani")
While the Securities and Exchange Board of India (Sebi) has cleared Adani Group companies and a few other entities of allegations of violating related party transaction (RPT) norms, at least two more allegations against the group remain under review, according to sources.
The markets regulator is examining claims related to possible violations of minimum public shareholding (MPS) and insider trading norms, they said. Although the investigations have been completed, final orders on these issues may take more time, they added. “Different departments are looking into it,” said one of the people.
Emailed queries sent to Sebi and the Adani Group
