‘Haven’t received any communication from Sebi recently,’ says Adani Group
India’s securities regulator and customs authorities are investigating some Adani Group companies for non-compliance of rules, MoS Finance told parliament on Monday.
It was not immediately clear when the Securities and Exchange Board of India (SEBI), or the Directorate of Revenue Intelligence (DRI) launched the investigation.
The minister, Pankaj Chaudhary, did not name which companies were involved. Enforcement Directorate is not carrying out any investigation into Adani Group, he added.
Shares of Adani Group companies, which operate airports and ports, power generation and transmission, coal and gas trading, closed between 1.1%-4.8% lower on Monday.
