SEBI Final Order Clears Adani Group In Hindenburg Case

The Securities and Exchange Board of India on Thursday said in its final order that allegations on the Adani Group over the Hindenburg case could not be established. The regulator imposed no penalty, and cleared Adani Ports & Special Economic Zone Ltd., Adani Power Ltd., and Adani Enterprises Ltd. of any liabilities. Adani Group Chairperson Gautam Adani and Adani Enterprises Managing Director Rajesh Adani were also cleared.