Adani-Hindenburg case verdict: Key takeaways The Hindu decodes the key takeaways from the Supreme Court’s verdict in the Adani-Hindenburg case The Hindu · Jan 3, 2024
SEBI can’t be expected to take OCCRP allegations in Adani case as gospel truth: SC Supreme Court said SEBI cannot accept foreign media reports as "gospel truth" on Adani Group's alleged stock manipulation & accounting fraud. SEBI bound by evidentiary requirements & cannot take reports as evidence. SIT to investigate, but SEBI following Justice Sapre committee's suggestions to protect investors. The Hindu · Nov 24, 2023
SEBI still probing 13 overseas entities’ holdings in Adani group SEBI's investigation into two aspects raised by Hindenburg Research report against Adani Group is in an "interim" stage. SEBI has completed investigation in 22 of 24 allegations and is seeking information from external agencies for the remaining two. These include 13 overseas entities' compliance with minimum public shareholding requirement and… The Hindu · Aug 25, 2023
Adani-Hindenburg case: SEBI tells SC it has completed probe in 24 ‘matters’, wants 15-day extension to submit status report The Securities and Exchange Board of India on Monday asked the Supreme Court for 15 days’ more to complete its enquiry into a report by U.S.-based Hindenburg Research accusing the Adani Group of “brazen stock manipulation and accounting fraud schemes over the course of decades” The Hindu · Aug 14, 2023
Supreme Court asks SEBI why law was tweaked to remove provisions prohibiting opacity in FPI ownership The Supreme Court asked SEBI to explain why the law was tweaked in 2018 to junk crucial provisions prohibiting opacity in the ownership structure of FPIs, leading to investigation into the Adani Group hitting a wall The Hindu · Jul 11, 2023
Adani-Hindenburg case: Lack of requirement to disclose ‘last natural person above every person’ owning economic interest in FPIs is the challenge, SEBI to SC SEBI clarified in the Supreme Court that “challenges” presented by it before the six-member Justice A.M. Sapre expert committee in the Hindenburg-Adani case primarily arose from the existence of thresholds for the determination of beneficial owners of the FPIs The Hindu · Jul 10, 2023
Buying time: on the Securities and Exchange Board of India probe and allegations against Adani group The Securities and Exchange Board of India’s petition in connection with the Adani group probe does not inspire confidence as far as the investor is concerned The Hindu · May 1, 2023