A day after the SEBI proposed mandating additional disclosure for high-risk Foreign Portfolio Investors (FPI), the Congress on Thursday alleged that the regulator was now looking to tighten the very rules it was "forced to dilute" in 2018 to benefit the Adani Group.

In a tweet, Congress general secretary Jairam Ramesh said, "The SEBI Consultation Paper put out yesterday proposes to tighten the very rules it was forced to dilute in 2018 to allow foreign portfolio investors to invest in Indian companies without having to reveal their FULL ownership details. This was done to benefit Modani."