Give report on Adani-Hindenburg probe by August 14, SC tells Sebi
The Supreme Court on Wednesday granted a three-month extension until August 14 to the Securities and Exchange Board of India (Sebi) to submit its probe report in connection with the allegations made by American short-seller Hindenburg Research against the Adani group.
The apex court also directed Sebi to file an updated status report on the investigation that it had carried out so far.
On March 2 this year, the SC had ordered the formation of a six-member committee under retired Justice A M Sapre to probe the short-seller’s allegations against the group and asked the panel and the markets regulator to submit the investigation report by May 2.
