🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Anonymous

Anonymous

Hey I am on Medial • 1y

The Hindenberg-Adani Case timeline -> 24 January 2023: Hindenburg Research, a US-based short seller, accused the Adani Group, led by Gautam Adani, of financial misconduct. Adani denied these allegations. 1 February 2023: SEBI started investigating an $86 billion drop in Adani Group stocks, as reported by Reuters. February 2023: A petition was filed in the Supreme Court, asking for a committee, led by a former Supreme Court judge, to investigate the claims. 2 March 2023: The Supreme Court directed SEBI to investigate the allegations of stock price manipulation and regulatory issues by the Adani Group within two months. May 2023: A report was submitted by the expert committee appointed by the Supreme Court. 17 May 2023: The Supreme Court extended SEBI's deadline to 14 August 2023 to complete its investigation into the Adani Group's alleged stock price manipulation. 24 November 2023: The Supreme Court reserved its decision on several appeals related to the Adani-Hindenburg dispute and stock price manipulation allegations. 3 January 2024: The Supreme Court ordered SEBI to complete its investigation into two remaining cases within three months. It supported SEBI's clean chit to the Adani Group and declined to transfer the investigation to a special team. 10 August 2024: Hindenburg Research made new allegations against SEBI's Chairperson, Madhabi Buch, claiming she and her husband had stakes in offshore entities involved in the Adani money laundering scandal.

3 Replies
Replies (3)

More like this

Recommendations from Medial

Image Description

Dharmesh Gajera

Entrepreneur | Dream... • 1y

Hindenburg Report: New Evidence Points to Adani-SEBI Battle Intensifies as Whistleblower Exposes Alleged Ties Discover the latest developments in the ongoing Adani-SEBI controversy as a whistleblower reveals alleged connections between SEBI's chair

See More
2 Replies
1
Image Description
Image Description

LIKHITH

"You never know" • 1y

SEBI's X account has been locked after Hindenburg allegations. Lemme grab my popcorn, this is getting interesting! 😂

23 Replies
1
25
Image Description
Image Description

Harsh Sharma

Motivation > Discipl... • 10m

How tf Adani still growing after all the allegations by American Court??

2 Replies
3

Ronak Patel

Here you go! • 1y

Here Adani has planned his Adani G-2 There Hindenburg is attacking Adani and SEBI chief Madhabi buch What are your thoughts on tomorrow's market opening?

Reply
1

Aryan

Young, wild and free... • 1y

Do you really think Adani/Sebi had done something shady after all these allegations?

Reply
1
1

Ashutosh Mishra

Chartered Accountant • 1y

Hindenburg Research alleges that documents show that Madhabi Buch, the current chairperson Of SEBI, and her husband had stakes in both Obscure Offshore Funds used in the Adani money Siphoning Scandal. https://hindenburgresearch.com/sebi-chairperson/

Reply
1
6

Shruti

Student • 1y

Hindenburg Research released a report alleging that Madhabi Buch, the current Chairperson of SEBI, and her husband, Dhaval Buch, had stakes in obscure offshore entities used in the Adani money siphoning scandal. The report claims that these entities

See More
Reply
4

mg

mysterious guy • 6m

Gautam Adani's group faces court allegations over environmental violations in its $2B power plant and luxury housing project. Adani has faced similar challenges, including protests in Australia and India. The case is set for a hearing on Friday.- B

See More
Reply
8
Image Description
Image Description

Account Deleted

Hey I am on Medial • 1y

Do you think that , Adani Group will dominate all traditional businesses like Airports,Ports, Energy and infrastructure and recently Semiconductor business with Qualcomm ? 🚀♥️ According to me, Due to Hindenburg Research false allegations, investors

See More
4 Replies
8

Download the medial app to read full posts, comements and news.