Adani-Hindenburg: Won’t seek extension to finish probe, SEBI

The Securities and Exchange Board of India (Sebi) on Friday told the Supreme Court that it would not seek an extension to complete the probe into the Adani group. Solicitor General Tushar Mehta, who appeared for Sebi, told the apex court that 22 of the 24 cases related to the Hindenburg matter were already resolved. For the remaining two cases, they are awaiting a response from foreign regulators, he added.

Reserving its verdict on the pleas pertaining to the Adani-Hindenburg issue, the Supreme Court on Friday said there were no reasons to doubt or discredit Sebi’s probe into the allegations,

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