Hindenburg - Adani case: Supreme Court panel says SEBI did its job but no evidence yet of violation of rules, price manipulation of stocks

The interim report submitted by the committee before the top court also said that the SEBI has not been able to convert its suspicions into a firm case where any alleged violations can be prosecuted for.
Gautam Adani, Supreme Court and SEBI logo
Gautam Adani, Supreme Court and SEBI logo

The Supreme Court-appointed expert committee led by retired judge Justice AM Sapre has prima facie found no lapse on part of markets regulator Securities and Exchange Board of India (SEBI) in the matter concerning probe into the Adani Group on allegations of stock price manipulation and violation of securities rules

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