SEBI Gives Clean Chit To Adani Group | Hindenburg Allegations Dismissed

SEBI has given a clean chit to the Adani Group, dismissing all allegations of insider trading, market manipulation, and violation of SEBI norms made by Hindenburg over 32 months ago. The regulator confirmed that charges against Gautam Adani, Rajesh Adani, and three others could not be established, and there was no violation of the SEBI Act. The Hindenburg report had caused massive turbulence in the market, with Adani Group stocks losing significant market capitalization. Since then, some group companies like Adani Ports and Adani Power have recovered strongly, while others remain below pre-Hindenburg levels. market expert Mayuresh Joshi, highlighting sectors likely to benefit from policy support and the Adani Group’s growth story.