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Adani केस में बनी कोर्ट एक्सपर्ट कमिटी पर ऐसा खुलासा कि खुद सुप्रीम कोर्ट भी खा गया गच्चा, उड़े होशSep 21, 2023
Fresh affidavit in adani Hindenburg , sebi then chief uk sinha, ndtv new director uk sinha ex sebi chairman,
सुप्रीम कोर्ट में फ़ाइल खुलने से पहले ही अडानी ग्रुप में भगदड़b149 ऑडिटर का इस्तीफा, सेबी...

Adani-Hindenburg row: Fresh plea in Supreme Court seeks new panel with 'no conflicts of interest' https://www.livemint.com/news/india/adanihindenburg-row-fresh-plea-in-supreme-court-seeks-new-panel-with-no-conflicts-of-interest-11695030670657.html  18 Sep 2023,

The application specifically questions the involvement of OP Bhatt, a member of the Expert Committee and former Chairman of the State Bank of India, who is presently the Chairman of Greenko, a renewable energy company. It notes that Greenko and the Adani Group have been in a close partnership since March 2022 to provide energy to Adani's facilities in India.

K V Kamath, another member of the committee, was Chairman of ICICI Bank from 1996 to 2009 and was mentioned in a CBI FIR related to the ICICI Bank fraud case.

The petitioner had previously raised concerns about another committee member, Somashekhar Sundaresan, citing his representation of Adani before various forums, including the SEBI Board.

 Supreme Court नहीं पहुँची Adani की SEBI Report News Nasha 
14 Aug 2023 https://www.youtube.com/watch?v=dsFucvBlN0k

SEBI seeks more time on Adani-Hindenburg report: https://indianexpress.com/article/explained/explained-economics/sebi-adani-hindenburg-report-case-timeline-8892362/  The Securities and Exchange Board of India (SEBI) has filed an application in the Supreme Court seeking 15 more days to conclude its inquiry in the Adani-Hindenburg case. The regulator has said it has “substantially progressed” in its investigations. 

https://www.businessinsider.in/business/corporates/news/sebi-report-on-adani-group-market-regulator-seeks-15-more-days-from-sc/articleshow/102717140.cms   This is the second extension that the markets regulator has sought from the apex court. Sebi is awaiting information it has sought from foreign entities, regulators and agencies.

The Supreme Court appointed 6-member panel has found no wrongdoing by the Adani Group..... The three key areas the SC appointed committee was looking into were: 1) Violation of Minimum Public Shareholding norms, 2) Disclosure of transactions with related parties in accordance with the law and 3) Stock price manipulation. The report says that prima facie there is no violation of existing laws or market regulations. .. A violation of MPS norms would have been proven if the ultimate beneficiary of these 13 foreign portfolio investors (FPIs) could be in any way traced back to the promoters of Adani Group..

Don’t Invest Public Money in high risk Adani Coal to PVC Plant https://forms.gle/2wmceUSkmecKF1QY7
On June 20, it was reported that Adani Enterprises had secured an in-principle agreement from a SBI led consortium of banks to fund its proposed Coal to PVC plant in Mundra. Such an investment of public money in a company whose financial viability has been deemed suspect is a violation of the trust that crores of people have reposed in these public sector banks

 At a time when Adani Enterprises is overleveraged and is under an ongoing investigation, the reported attempt by public sector banks to raise ₹ 14,500 crore and the remainder by private banks, is a severe undermining of public trust in custodians of public money. According to an assessment carried out last year by CreditSights, a credit assessment unit of the Fitch Group, which points to the group's high indebtedness, over-leveraged operations and debt-driven expansion into highly capital intensive projects in a wide range of new sectors. According to this report, “excessive debt and over-leveraging by the group could have a cascading negative effect on the credit quality of the bond issuing entities within the group and heightens contagion risk in case any entity falls into distress”.

It is important to note that coal based projects became the principal line item in India’s terrifying bad loans problem, contributing to more than ₹ 1.74 lakh crores in NPAs. This Coal to PVC project has the potential to join the long list.

The coal-based manufacturing of PVC is highly environmentally damaging, emitting three times more greenhouse gases than conventional plastic production, exacerbating both the plastic waste and climate crisis. The coal to PVC plant in question, with numerous flue gas and process vent stacks, releases harmful particulate matter leading to various health problems, including respiratory issues and heart diseases.