securities and exchange board

Adani: ‘Sebi probing some Adani offshore deals for possible rule violations’ – Times of India

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[ad_1] MUMBAI: India’s market regulator is investigating possible violation of ‘related party’ transaction rules in the Adani Group‘s dealings with at least three offshore entities that have links to the brother of the conglomerate’s founder, two people said.The three entities allegedly entered into several investment transactions with unlisted units of the ports-to-power conglomerate founded by … Read more

Sebi to submit report on Adani to Supreme Court-appointed panel – Times of India

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[ad_1] MUMBAI: The Securities and Exchange Board of India confirmed that it will submit its findings on the Adani Group to a court-appointed committee.“If you see the Supreme Court order, it instructs us to give precisely this update to the committee,” Madhabi Puri Buch, chairperson of the nation’s capital markets regulator, said in Mumbai Wednesday. … Read more