Sebi’s Investigation into Adani-Hindenburg Case to Continue till Aug 14: Supreme Court

  • Supreme Court permitted SEBI to continue its investigation into the Adani-Hindenburg case till August 14, exploring allegations of the alleged manipulation of Adani Group’s stock price.
  • SEBI’s amended rules for related party transactions and opaque structures are in question, with the regulator arguing that changes do not hamper the identification of offshore fund beneficiaries.
  • The Supreme Court appointed expert committee has filed an interim report and recommended several changes, though it found no evident manipulation in Adani’s companies.
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