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Thursday, 18 May 2023

SC to Sebi: Submit status of Adani probe within 3 months, not 6

The Supreme Court asked Sebi to submit by August 14 the status of probe into Hindenburg's allegations of stock price manipulations against Adani group companies but refused to convert the court proceedings into a roving inquiry, including investigations into the alleged role the LIC, which had invested a substantial amount in Adani companies.

from Times of India https://ift.tt/XE6uFNH

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