Allegation that probing Adani since 2016 baseless: Sebi to SC
The Securities and Exchange Board of India (Sebi) Monday informed the Supreme Court (SC) that it had not probed any Adani Group of companies since 2016, as alleged by some of the petitioners who have sought a probe into the claims by the Hindenburg Research on the group.
Sebi has sought six more months from the SC to complete its investigation into the allegations levelled in the Hindenburg report. Opposing this, one of the petitioners had said that the market regulator had been probing Adani since 2016.
