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The Supreme Court had appointed the committee after Hindenburg Research in a report alleged fraud, stock market manipulation and improper use of offshore entities by Adani Group.
A bench headed by Chief Justice D Y Chandrachud also directed that copies of the report be made available to the parties to enable them to assist it in further deliberations in the matter.
SEBI, in a petition filed on April 29, had sought six months to complete its probe, following a court order on March 2 that gave the regulator two months to submit its report.
In the month and a half since the report, Adani has cancelled Adani Enterprises’ FPO and backtracked on some of the planned projects and acquisitions.
The apex court said that the committee will make overall assessment of situation and suggest measures to make investors aware.
A bench headed by Chief Justice D Y Chandrachud will deliver the order on a patch of PILs.
The Income Tax Department on Tuesday conducted a survey operation at the BBC's offices in Delhi and Mumbai as part of an investigation into alleged tax evasion.
The petition also seeks probe into the role of the Life Insurance Corporation and the State Bank of India for allegedly investing "huge amounts of public money" in the FPO of Adani Enterprises at a rate of Rs 3,200 per share when the prevailing market rate of the shares was around Rs 1,800 per share in the secondary market.
The Congress' attack on the government came after Union Home Minister Amit Shah's reported remarks that there is nothing for the Bharatiya Janata Party (BJP) to hide or be afraid of in the matter.
The bench led by Chief Justice D Y Chandrachud also proposed the setting up of an expert committee to give suggestions on strengthening the regulatory framework.