The Securities and Exchange Board of India (Sebi) has said that it does not have the information on those who subscribed to the Rs 20,000-crore follow-on public offering (FPO) of Adani Enterprises (AEL).
The market regulator said this in response to an application filed under Right to Information ACT (RTI), which sought investor-wise and amount-wise subscription details and the reason for the cancellation of the FPO.
In January, the FPO was withdrawn despite managing to garner full subscription amid a crash in shares of AEL following allegations made by US-based Hindenburg Research.
Sebi’s responses were submitted for two separate RTI applications filed by a certain Prasenjit Bose on January 31 and February 8.
