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Adani Group companies pay ₹1.5 crore to settle Sebi’s Hindenburg-linked probe
Adani Group companies pay ₹1.5 crore to settle Sebi’s Hindenburg-linked probe
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·Excerpt
Five Adani Group companies have settled regulatory proceedings with the Securities and Exchange Board of India (Sebi) by paying a combined ₹1.5 crore, resolving cases linked to alleged disclosure lapses and audit-report compliance issues.According to a Sebi settlement order issued on Tuesday, the agreement covers Adani Enterprises Ltd (AEL), Adani Total Gas Ltd, AWL Agri Business Ltd, Adani Green Energy Ltd, and Adani Energy Solutions Ltd.The proceedings followed Sebi’s review of multiple Adani Group companies following the Hindenburg Report, which…
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