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Indias market regulator has completed the investigation into whether Adani Group companies violated securities laws, it said in a submission to the Supreme Court on Friday. It has investigated 24 transactions — findings in 22 of them are final in nature, it said.
India's market regulator, the Securities and Exchange Board of India (Sebi), has completed its investigation into allegations of securities law violations by Adani Group companies. The investigation examined 24 transactions, with findings finalized in 22 of them. While the status report does not disclose specific findings, Sebi stated that appropriate action will be taken based on the outcome of the investigations.
India Business News: NEW DELHI: Market regulator Sebi on Friday filed final status report in the Supreme Court on 24 investigations it had carried out pursuant to short-se.
The investigation covered a total of 24 transactions, with conclusive results reached for 22 of them, , Adani-Hindenburg Row, adani group, Hindenburg Research, Securities and Exchange Board of India (SEBI)
The Securities and Exchange Board of India has concluded 22 out of 24 investigations into the Adani group, analyzing data on nearly 350 million stock trades and scrutinizing dealings in seven Adani group firms.