In January 2023, Hindenburg had accused the Adani Group of irregularities. After this, the shares of Adani Group hit a lower circuit for several days continuously. Now on Sunday, Hindenburg again released a report in which it has accused Madhabi Puri Buch, the current chairman of Securities Market Regulator SEBI in India, and her husband Dhawal Buch of financial irregularities. However, after this, the SEBI chief and the Adani Group issued a statement on this and both rejected this report outright. Even when the market opened on Monday, it recovered…
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