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The Times of India
The Times of India
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Bloomberg

UNCOVERED: Sebi okay with regulated short selling probing hindenburg allegations against adani - Caught on Camera

SEBI Hindenburg Adani Group Group New Delhi

NEW DELHI: Market regulator Sebi has indicated to the Supreme Court that it is not in favour of banning short-selling or sale of borrowed shares, and said it is investigating allegations made by a tiny short-seller against the Adani Group as well as its share price movements.

The Securities and Exchange Board of India (Sebi) in written note before a bench headed by Chief Justice DY Chandrachud, which was hearing two PILs relating to the recent Adani Group shares crash, described what short-selling is and what the Hindenburg Research did but did not once name the Adani Group in the 20-page document.

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