SEBI Refutes Hindenburg’s Claims, Highlights Ongoing Adani Probe, and Reaffirms Its Commitment to Transparency
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- Last Updated on 13 August, 2024
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Press Release No.17/2024, Dated: 11.08.2024
SEBI takes note of the Hindenburg Research report dated August 10, 2024, and advises investors to exercise caution. SEBI refutes claims of inaction against Adani Group, citing ongoing and completed investigations, and clarifies that any regulatory changes follow a rigorous consultation process. SEBI also emphasizes its commitment to transparency, investor protection, and addressing conflicts of interest, while dismissing allegations of favoritism towards any conglomerate.
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