Key Points
The Buchs firmly denied any wrongdoing, offering detailed explanations to counter allegations tied to consulting roles, rental income, and Madhabi Puri Buch's ICICI Bank stock options...
.. Securities and Exchange Board of India (Sebi) Chairperson Madhabi Puri Buch and her husband, Dhaval Buch, issued a joint statement on Friday addressing and rejecting allegations made against them by the Congress party...
The couple described the claims as false and defamatory, offering three key clarifications in response to recent allegations...
The claims by Congress primarily revolved around Dhaval Buch's consulting assignments, the couple's rental income from a property leased to a Wockhardt associate, and Madhabis Employee Stock Options (ESOPs) from ICICI Bank...
Mahindra & Mahindra, which contributed 94% of Agora Advisorys income since 2019, stated that Dhaval was hired three years before Madhabi became Sebi Chairperson, purely for his expertise in supply chain management..
You might be interested in
Sebi chief, husband reject conflict of interest charges, call it false, motivated
14, Sep, 24In a joint statement, Sebi chief Madhabi Puri Buch and husband Dhaval Buch rejected recent allegations of conflict of interest as "false, malicious, and defamatory."