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The logo of the Adani Group is seen on the facade of its Corporate House on the outskirts of Ahmedabad, India, January 27, 2023.

Hindenburg alleges India market regulator chief held stake in offshore funds used by Adani Group

  • Hindenburg Research said these allegations were “nonsense” in a note published on its website in July, which also made public the regulator’s notice
  • In May, six Adani Group companies disclosed they had received notices from SEBI alleging violation of Indian stock market rules
By Reuters ·

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