Adani-Hindenburg Case: SC Orders SEBI Probe, Adani Welcomes Decision

The Supreme Court on March 2 asked SEBI to complete an investigation into Hindenburg’s allegations against Adani Group within two months. It also ordered constituting an expert committee to review regulatory mechanism in view of the falling share prices of Adani firms triggered by the Hindenburg allegations. Business tycoon Gautam Adani on March 2 welcomed the decision and tweeted. Meanwhile, Aam Admi Party Leader Sanjay Singh, also commented on the issue.