Congress Leader moves Supreme Court for criminal prosecution of Adani Group; questions SBI, LIC investment in 'inflated' Adani shares

The petition by Dr. Jaya Thakur highlighted that LIC and SBI invested in Adani shares at the rate of ₹ 3,200 per share when the share price in the market was allegedly between ₹ 1,600 and ₹ 1,800.
Gautham Adani and Supreme Court
Gautham Adani and Supreme Court

A petition was filed before the Supreme Court on Tuesday seeking the prosecution of the Adani group of companies under various laws and questioning the decision of the State Bank of India (SBI) and the Life Insurance Corporation (LIC) to invest in Adani shares at an allegedly inflated prices.

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