SEBI reaffirmed what we always maintained: Adani on Hindenburg case clean chit
Gautam Adani issued a statement after SEBI cleared stock manipulation allegations by US-based Hindenburg Research against him and Adani Group firms. "After an exhaustive investigation, SEBI has reaffirmed what we've always maintained, that Hindenburg claims were baseless," wrote Adani. "We deeply feel the pain of investors who lost money because of this fraudulent and motivated report," he added.