Section 15HA of the SEBI Act provides for a penalty of up to ₹25 crores or three times the amount of profits made by indulging in fraudulent and unfair trade practices relating to securities.
The Adani Group on Sunday issued a point-by-point rebuttal to the 88 questions raised by New York-based Hindenburg Research in a report last week while calling the firm’s actions as a “calculated attack on India”, its institutions and the India “growth story”. “This is not merely an unwarranted attack on any specific company but a […]