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The Securities and Exchange Board of India has completed its probe into Adani Group companies. The market regulator told the Supreme Court that the investigation spurred by the explosive Hindenburg report had been concluded and action has been recommended in some cases for passing orders.
According to a Reuters report quoting the SEBI filing, it has investigated 24 transactions involving the Adani group’s listed companies. Of these, 22 are final in nature. The regulatory body said it would “take appropriate action based on outcome of the investigations”.
(With inputs from agencies)
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Updated: 25 Aug 2023, 06:02 PM IST
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