SEBI Investigates 20 Entities Over Adani Share Manipulation Claims

  • Securities and Exchange Board of India (SEBI) is investigating foreign and domestic entities over suspicions of short-selling Adani Group stocks based on prior information.
  • These entities, believed to have profited from the situation, are also being examined by the Income Tax department for failing to report their gains.
  • The probe began following allegations of stock manipulation and accounting fraud by Hindenburg Research against the Adani Group.
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