SEBI fines Adani firms ₹1.5 crore over Hindenburg allegations

SEBI settles Hindenburg-related proceedings against Adani group firms for Rs 1.5 crore over alleged disclosure lapses. The settlement, covering multiple Adani companies, draws political criticism with Congress calling it a 'grand amount'. ₹1.5 crore penalty is seen as low given the scale of allegations. This closes a key regulatory overhang for the group.

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