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'Malicious' and 'mischievous': Adani Group rejects allegations in new Hindenburg report

IndiaTimes Sunday, 11 August 2024
The Adani Group denied the latest allegations made by the Hindenburg research. Hindenburg alleged that Sebi chairperson Madhabi Buch and her husband had stakes in offshore entities involved in the alleged Adani money siphoning scandal. The Adani Group called the claims malicious, emphasizing their transparency and regulatory compliance. Buch and her husband also refuted the allegations, offering complete transparency of their financial documents.
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Video Credit: Oneindia - Published
News video: Adani-Hindenburg Saga: Adani Group Slams Latest Hindenburg Report as ‘Malicious’ and ‘Mischievous’

Adani-Hindenburg Saga: Adani Group Slams Latest Hindenburg Report as ‘Malicious’ and ‘Mischievous’ 03:27

 The Adani Group has fiercely rejected the latest allegations from Hindenburg Research, labeling them as malicious, mischievous, and manipulative. In a statement to the stock exchanges, the group defended the transparency of its overseas holding structure. Concurrently, SEBI Chairperson Madhabi Puri...

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