Adani-Hindenburg Row: SC Sets Up 6-Member Expert Committee, SEBI To Submit Reports

The Supreme Court ordered the constitution of a six-member expert committee to look into the Adani Group stock crash and fraud allegations following the explosive report from the US-based short seller Hindenburg Research. The Committee is to be headed by Former SC judge Justice AM Sapre. The other members include OP Bhat (former chairman of SBI), Justice JP Devadhar, KV Kamath, Nandan Nilekani, and Somasekharan Sundaresan. SC was hearing petitions pertaining to the Hindenburg report. These included the constitution of the committee relating to regulatory mechanisms to protect the investors. Meanwhile, the Supreme Court also told the Securities and Exchange Board of India (SEBI) to finish the probe into the Adani Group-Hindenburg saga within a period of two months. Watch Aneesha Mathur explaining the SC decision on the Adani-Hindenburg row.