Hindenburg Hits Out At SEBI Chief’s Response Says Massive Conflict Of Interest Evident | India Today
Hindenburg Research has released a new report targeting the Adani Group, alleging the involvement of SEBI chairperson Madhavi Puri Baj and her husband in an offshore fund receiving investments from Adani. SEBI has refuted these allegations, stating that the chairperson has made necessary disclosures and recused herself in cases of conflict of interest. The opposition has questioned the integrity of SEBI and demanded the resignation of the chairperson. The Supreme Court is also expected to review these new allegations.
Hindenburg Showdown 2.0: Amid Hindenburg-SEBI Conflict, NIFTY, SENSEX Flourish In Green | 6PM Prime
India Today https://www.youtube.com/watch?v=4saaFvEe4gs
The Securities and Exchange Board of India (Sebi) on Sunday, in a detailed statement, rejected Hindenburg Research's allegations that Sebi's changes to the Real Estate Investment Trust (REIT) rules benefited a multinational company where Sebi Chairperson Madhabi Buch's husband Dhaval Buch was employed.
Buch said the allegations were "baseless" and "devoid of any truth", and asserted that their finances were an open book.