No conclusions of any alleged wrong-doing in Sebi’s application to SC: Adani Group
Adani Group said in a statement issued on Saturday night that in the Sebi application filed before the Supreme Court, there are no conclusions of any alleged wrong-doing.
A spokesperson for Adani Group said Sebi is conducting an investigation into the allegations levelled by a foreign short-seller on January 25, 2023 and also into market activities before and after that date.
“We understand that Sebi has approached the Supreme Court seeking more time to conclude its investigation. We have welcomed the investigation, which represents a fair opportunity for everyone to be heard and for all issues to be addressed.
