Hindenburg-Adani Case Supreme Court Denies S.I.T| Says SEBI Probe to Continue|Oneindia News

2024-01-03 86

The Supreme Court ruled against an SIT, upholding Sebi's ongoing investigations into Adani Group in three months. It dismissed transfer requests, endorsed FPI and LoDR norms, and rejected conflict claims in expert panels. The verdict eased market pressure, causing Adani Enterprises' shares to rise initially by 2%.

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