Vijay Kedia mocks Hindenburg report with a poem: ‘Blackmail plan falls apart’

Posted on:
Key Points

Ace investor Vijay Kedia reflected on Hindenburg's report which tied Sebi chief Madhabi Puri Buch to Adani Group..

The US short seller claimed that Madhabi Puri Buch and her husband held stakes in offshore funds tied to Adani Group..

Taking to X (formerly Twitter), he took a dig at Hindenburg and expressed skepticism about the effectiveness of the approach used for the report...

Using a verse to illustrate his point, Vijay Kedia wrote, Turns out, the Hindenburg wasnt so smart, Its blackmail plan fell apart, So now its remembered, not for its threats, But for going down in a fiery mess."..

Hindenburg published a report claiming that the Buchs had stakes in Bermuda and Mauritius-based offshore funds used by Gautam Adani's brother Vinod Adani to amass and trade large positions in shares of the Adani Group..