Adani’s net worth surged to ₹11.6 lakh crore, marking a significant comeback from last year’s decline.
The statement harshly criticized Hindenburg for attacking its credibility rather than responding to the show-cause notices issued by SEBI.
SEBI advised investors to remain calm and exercise due diligence, noting that the Hindenburg’s report includes a short position disclaimer.
On Sunday, 360 ONE Asset Management rejected Hindenburg Research's claims regarding SEBI Chairperson Madhabi Buch's investments.
The Adani Group – which is struggling to restore investor confidence following allegations of fraud – will invest in the construction and strengthening of logistics in UP.
Former Congress president attacks PM Modi on the issue
Party asks the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) to investigate the allegations
Group terms Hindenburg Research report as ‘maliciously mischievous, un-researched’