18 Sep 2025 | 5 Mins Read
Gautam Adani welcomes Sebi decision on Hindenburg allegations
Flipitmoney
Sebi refuted Hindenburg Research's two-year-old claims of stock manipulation against Gautam Adani's companies, finding allegations "not established." No penalty will be levied against Adani Enterprises, Adani Power, and other companies. Sebi found "no establishments were made," and whole-time member Kamlesh C. Varshney said the question of penalty determination does not arise.