SEBI Settles Adani Cases for Rs 1.5 Crore

SEBI Settles Adani Cases for Rs 1.5 Crore

SEBI settled adjudication proceedings against five Adani group companies for Rs 1.5 crore over alleged disclosure and audit violations. The firms included Adani Enterprises, Adani Total Gas, AWL Agri Business, Adani Green Energy, and Adani Energy Solutions. The case stemmed from Hindenburg Research's January 2023 report. Congress criticized the small settlement amount.

Source: New Indian Express

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