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Hindenburg’s Adani Allegations: SEBI Chief Implicated

Hindenburg alleges SEBI chief's ties to Adani offshore funds, sparking calls for deeper investigation.

by Mark Eisenberg
Sat, Aug 10, 2024 11:39pm
in Finance
• 2 mins read
13.9k
Hindenburg's Adani Allegations: SEBI Chief Implicated | FinOracle

Photo: Finoracle.net

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Hindenburg Research's New Allegations
In a recent report, U.S.-based short-seller Hindenburg Research alleged that Madhabi Puri Buch, the chairperson of India's market regulator, previously had investments in offshore funds linked to the Adani Group. These claims have not yet received a response from Buch or the Securities and Exchange Board of India (SEBI).

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