Adani-Hindenburg saga: SEBI files status report, says awaiting details from external agencies on two probe

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Key Points

Markets regulator SEBI in an affidavit informed the Supreme Court that out of its 24 investigations in the Adani-Hindenburg matter, 22 are final in nature and 2 are interim..

For one of its interim reports, SEBI said that it covered 13 overseas entities that were classified as public shareholders of the Adani Group Companies...

The SEBI on August 14 sought a 15-day extension in the SC to conclude the investigation and submit the status report in its probe into Hindenburg report against Adani group...

Allegations concerning related-party transactions and MPS norms were key to the January 24 Hindenburg report that wiped billions of dollars from the market capitalisation of Adani Group's listed companies...

In a credit report released Thursday, the power-to-port conglomerate founded by billionaire Gautam Adani said its cash flow generated from business operations and balances stood at Rs 77,890 crore ($9.4 billion) as of end-March..

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