Adani Cleared of Some Hindenburg Allegations
September 20, 2025
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1:02Now PlayingAdani Cleared of Some Hindenburg Allegations
YouTube Description
as posted by the channelAdani Enterprises Ltd.’s shares gained 5.1% after India’s securities market regulator cleared the group’s billionaire-founder Gautam Adani of some allegations of impropriety raised by the US short seller Hindenburg Research in early 2023.
Securities and Exchange Board of India, or SEBI, said the evening before that there was no evidence of the Indian conglomerate using so-called related party transactions to route funds into its listed units in two orders on its website. Adani Group has repeatedly denied the accusations first made by Hindenburg, which has since disbanded.
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