SEBI Chairperson Madhabi Buch and her husband, Dhaval Buch, have firmly denied allegations made by Hindenburg Research, which accused them of holding stakes in offshore entities tied to the Adani money siphoning scandal. In a joint public statement, the Buchs dismissed the claims as "baseless" and...
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 Buch and her husband, Dhaval Buch, have dismissed the Hindenburg report as ‘baseless,’ ‘devoid of any truth,’ and an attempt at ‘character assassination.’
#AdaniHindenburgSaga #AdaniGroup #HindenburgReport #SEBICHAIRPERSON #MADHABIPURIBUCH #ONEINDIA #ONEINDIANEWS
In January 2023, Hindenburg published a report accusing the Adani Group of financial irregularities, leading to a significant drop in the company's stock price. DNA
Hindenburg Research claimed it made the new allegations based on documents provided by a whistleblower and investigations carried out by other entities. DNA
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Hindenburg Research's latest report alleges that SEBI Chairperson Madhabi Buch and her husband held stakes in offshore entities linked to the Adani money siphoning scandal. Based on whistleblower..
Dhaval Buch is currently a senior advisor at Blackstone and at Alvarez & Marsal, according to his LinkedIn profile. DNA Also reported by •Zee News •Mid-Day
Hindenburg claimed in a blog post that Buch and her husband, Dhaval Buch, held stakes in 'obscure offshore funds' tied to the Adani scandal DNA Also reported by •Zee News