Hindenburg report on Adani: Loss of investors several lakh crores, says Supreme Court; asks SEBI for framework to protect Indian investors

The Court asked the Securities and Exchange Board of India (SEBI) to suggest measures that can be taken to protect Indian investors in the future.
Adani and Supreme Court
Adani and Supreme Court

The Supreme Court on Friday said that Indian investors has suffered loss running into several lakh crores due to the fall in share prices of Adani Group companies after the publication of Hindenburg research report [Manohar Lal Sharma v. Union of India and anr].

Loading content, please wait...
Bar and Bench - Indian Legal news