Sebi chief briefs SC panel on Adani-Hindenburg issue

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The New Delhi briefing to the panel by Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch was her first, and an important one, said these people..

Henceforth, she will not appear before the committee unless required.AgenciesBuch, in the Sebi press conference held after its board meeting on Wednesday, said the Adani Group matter is an "elephant in the room."..

Mumbai: India's capital markets regulator on April 2 made a detailed presentation to the six-member committee set up by the Supreme Court following publication of the Hindenburg report on Adani Group on January 25, said people familiar with the matter...

Sebi has collected data from stock exchanges on buyers and sellers of Adani Group companies' shares before and after the Hindenburg report, to examine if there was any cartel behind the extreme stock price movement...

The committee set up by the apex court has to examine and suggest steps to strengthen India's investor protection regulatory framework following the crash in Adani Group stocks in the wake of the Hindenburg report that accused the conglomerate of "stock price manipulation" and "accounting fraud."..

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