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Thursday, Jun 12, 2025
The Congress pressed its demand for the SEBI chief's resignation and urged the Supreme Court to transfer the Adani probe to the CBI or a Special Investigation Team.
On Saturday, Hindenburg alleged she had a conflict of interest in the Adani matter because of a previous investment in an offshore fund used by the Adani Group.
Adani Enterprises and Adani Ports fell about 5% each and were the top losers on the Nifty 50 index.
Earlier, Buch and her husband Dhaval had termed the allegations baseless and also said that the short seller was attacking the credibility of the capital markets regulator.
Hindenburg report alleged SEBI chief had stakes in obscure offshore funds used in the Adani money siphoning scandal.
All disclosures as required have already been furnished to SEBI over the years, said SEBI chief.
Madhabi Puri Buch, chairperson of India's market regulator, held investments in certain offshore funds that were also used by the Adani group.
Hindenburg accused the conglomerate of engaging in what it termed 'the largest con in corporate history.'
The tender document notes that Vizhinjam is gaining global importance due to the logistic-linked business potentials.
Capt. Hari led the team responsible for guiding the vessel from the outer area through the breakwater channel into the port.
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