Gautam Adani, Adani

After the Hindenburg report's release, shares of the Adani group fell sharply but later recovered after the promoters sold shares and prepaid part of their debt

An 18-month battle between Hindenburg Research and India's Adani Group has taken a fresh turn, with the US-based short-seller now alleging that the chief of the Securities and Exchange Board of India (Sebi) has a conflict of interest in the matter. The co

Hindenburg Research

Karan Adani, Managing Director of Adani Ports and Special Economic Zone Limited

He also mentioned that the Group has understood the importance of "perception and brand" value after the Hindenburg affair

Adani Group (Photo: Bloomberg)

Hindenburg levied accusations of fraud and stock manipulation in a report in early 2023

An 18-month battle between Hindenburg Research and India&#39;s Adani Group has taken a fresh turn, with the US-based short-seller now alleging that the chief of the Securities and Exchange Board of India (Sebi) has a conflict of interest in the matter. The country&#39;s market regulator has been investigating the group following Hindenburg Research&#39;s report.

Hindenburg steps up for Adani round two

Page 7 - Latest Updates on Hindenburg steps up for Adani round two

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