Business

Sebi clears Adani Group, Gautam Adani of Hindenburg-linked allegations

September 18, 2025 revoi editor

Mumbai, Sep 18 : Markets regulator Sebi on Thursday cleared Adani Group and its Chairman Gautam Adani of allegations levelled by US-based Hindenburg Research of routing funds through three entities to hide related party transactions. In two separate orders, the regulator found no violations, noting that at the time such transactions with unrelated parties did […]

Read more

Business

Hindenburg shared Adani report with client two months before publishing it: Sebi

July 7, 2024 Vinayak Barot

New Delhi: US short-seller Hindenburg Research had shared an advance copy of its damning report against Adani group with New York-based hedge fund manager Mark Kingdon about two months before publishing it and profited from a deal to share spoils from share price movement according to market regulator Sebi. The Securities and Exchange Board of […]

Read more

Business

‘You are on the way to seeing the high noon of the new India’: SEBI Chief Ms Madhabi Puri Buch Says to Graduating Students at IIMA Convocation

March 30, 2024 Vinayak Barot

March 30, 2024: The Indian Institute of Management Ahmedabad (IIMA) hosted its 59th Annual Convocation in the lush green lawns of the majestic Louis Kahn Plaza today, which has served as the Convocation venue since 1974. This year, the Institute had the honour to host Ms Madhabi Puri Buch, IIMA alumna and Chairperson of the Securities and […]

Read more

Business

Without verification, newspaper reports can’t be relied upon as proof, says Supreme Court

January 3, 2024 Vinayak Barot

New Delhi, 3 January, 2024: The Supreme Court on Wednesday declined to order a probe by a Special Investigation Team (SIT) into allegations levelled against the Adani Group, refusing to take cognizance of the reports published by Hindenburg Research and the Organized Crime and Corruption Reporting Project (OCCRP). A three-judge bench, led by Chief Justice […]

Read more

Business

Investors dismiss attacks, continue to repose faith in Adani Group

December 2, 2023 Vinayak Barot

Exactly a week after the Supreme Court said reports by Hindenburg Research and the Organised Crime and Corruption Reporting Project (OCCRP) cannot be considered as the gospel truth, Indian Twitter woke up to a fresh set of allegations against the Adani Group. This time, the exclusive article was by ‘Adani Watch’, a non-profit project established […]

Read more

Business

WE CANNOT TREAT HINDENBURG REPORT AS “TRUE STATE OF AFFAIRS” : CJI

November 24, 2023 Vinayak Barot

HIGHLIGHTS OF PROCEEDINGS OF SEBI INVESTIGATION OF HINDENBURG MATTER SOLICTOR GENERAL: THERE IS GROWING TENDENCY OF PLANTING STORIES OUTSIDE INDIA TO INFLUENCE MATTERS IN INDIA. EXPERT COMMITTEE HAD NOT FOUND ADANI GROUP IN BREACH OF EXISTING DISCLOSURE RULES CJI: WE CANNOT TREAT HINDENBURG REPORT AS “TRUE STATE OF AFFAIRS” THAT IS WHY WE ASKED SEBI […]

Read more

Business

Expert Committee appointed by the Supreme Court, there is no evidence of any breach of the Minimum Public Shareholding requirements or manipulation of stock prices: Adani Group

August 31, 2023 Vinayak Barot

We categorically reject these recycled allegations. These news reports appear to be yet another concerted bid by Soros-funded interests supported by a section of the foreign media to revive the meritless Hindenburg report. In fact, this was anticipated, as was reported by the media last week.  Spokesperson, Adani Group said. These claims are based on […]

Read more

Business

Supreme Court Committee Report: Alleged Contraventions & Regulatory Failure

May 19, 2023 Vinayak Barot

Supreme Court Committee Report – Highlights Key Findings of the Committee in Chapter IV Titled: Alleged Contraventions & Regulatory Failure A: Short Seller The Committee has confirmed that there has been short selling on Adani stocks and undue profiting by some entities based on the SEBI investigation. In short, the Report states that: SEBI has […]

Read more

Business

The 2016 GDR Issue and 2021 MPS Issue are Different, Distinct, and Completely Separate matters

May 17, 2023 Vinayak Barot

SG Tushar Mehta has reiterated in the SC today, that the 2016 GDR matter is totally different, distinct, and completely separate from the 19th July 2021 Reply by FinMin in the Parliament, which pertains to MPS. It has no relation and/or connection to the issues referred to and/or arising out of the Hindenburg Report but […]

Read more

Business

We are fully compliant with all laws, rules and regulations and are confident that truth will prevail:

April 29, 2023 Vinayak Barot

Ahmedabad, 29 April 2023, SEBI is conducting an investigation into allegations made by a foreign short-seller on 25 January 2023 and also into market activity before and after that date. We understand that SEBI has approached the Hon’ble Supreme Court for more time to conclude its investigation, Adani Group spokesperson said. He further said, We […]

Read more