Supreme Court grants SEBI time till August 14 to complete probe against Adani group
Supreme Court grants SEBI time till August 14 to complete probe against Adani group The Supreme Court on Wednesday granted the Securities and Exchange Board of India time till August 14 to complete its probe into the allegations of stock price manipulation by the Adani group. A bench headed by Chief Justice D Y Chandrachud directed the SEBI to file an updated status report of the investigation. The apex court had on March 2 ordered the formation of a six-member committee to probe allegations of stock manipulation against Adani Group by US short-seller Hindenberg. The Supreme Court listed the matter for further hearing on July 11.Sebi investigating market allegations against Adani group companies: MoS Finance The apex court had on March 2 ordered the formation of a six-member committee to probe allegations of stock manipulation against Adani Group by US short-seller Hindenberg. The Supreme Court listed the matter for further hearing on July 11.
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