The Securities and Exchange Board of India (Sebi) on Monday informed the Supreme Court (SC) that it has not been investigating any Adani Group listed firm since 2016 as alleged by some petitioners, who have sought probe into the claims made by US-based short seller Hindenburg Research.
The SC Bench, comprising Chief Justice of India D Y Chandrachud and Justices P S Narasimha and J B Pardiwala, adjourned the matter due to paucity of time. One of the counsels said the next hearing was scheduled for July 10.
The securities market regulator further informed the apex court that the connection drawn by the petitioners in their reply affidavit has no bearing on the issues referenced in the Hindenburg report.
