FOLLOWING a directive from markets watchdog Sebi, the stock exchanges have sought information from Adani group companies cited in an alleged bribery case in the US, and the non-disclosure of the same to investors and exchanges here on time. The direction and the follow-up action by BSE and NSE are part of the "regular surveillance mechanism".
Exchanges have written to the group companies seeking clarifications under listing obligation and disclosure requirements, a person in the know of the development said. They are checking if there were lapses or delays in disclosures on the probe in the US on which group chairman Gautam Adani and nephew Sagar Adani and six others charged on November 20, the person added.
If any lapses or delays are established, exchanges can take action or issue an advisory to the companies and the Sebi can take up the matter for adjudication, the person said, clarifying that exchanges are doing this as part of their regular surveillance mechanism.
Sebi spokespersons and exchanges didn't respond to queries from TNIE. Adani Group chief financial officer Jugeshinder Singh said in a statement that allegations relate to one contract of Adani Green, 10% of overall business of renewable arm of the company.
Diese Geschichte stammt aus der November 24, 2024-Ausgabe von The Morning Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der November 24, 2024-Ausgabe von The Morning Standard.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
A Forest of Enchantment
Delhi-based designer Payal Jain's new couture collection 'Enchanted Forest', not only paints a dreamscape inspired by nature but also gives back to the environment with sustainable creations
Confusion over trains led to stampede
Police: 2 trains with identical names on different platforms led to confusion among passengers before the tragedy
RAIL BHAVAN GETS INTO HUDDLE
High alert at stations witnessing very high footfall during Maha KUmbh
3rd aircraft carrying 112 illegal Indians touches down in Amritsar
THE third batch of 112 Indians deported from the United States aboard a military aircraft landed late on Sunday night at Amritsar's Sri Guru Ram Dass International airport.
ATS flags B'deshi terrorists entering J'khand for training
'Hatching anti-India terrorist conspiracies'
High Feb temp likely to hamper wheat yields
WITH above normal rising temperature in February, the fate of wheat crops in Northwest India looks uncertain. The rising temperature may shrivel wheat pods, impacting the quality and quantity of wheat production.
Anti-ragging cells in every Kerala school soon: Edu dept
THE general education department has decided to ask all schools in the state to form anti-ragging cells amid reports of ragging in some schools.
Shami works on lengths with Morkel
A FOCUSSED Mohammed Shami spent considerable time with bowling coach Morne Morkel as a full-strength Indian team started its training in earnest ahead of its Champions Trophy opener against Bangladesh at the picturesque ICC Academy practice ground here on Sunday.
Basilico finishes on top
FRANCESCO Di Basilico from Italy (55.45 m) and Martina Ayu Pratiwi from Indonesia (64.25 m) won the men's and women's titles respectively at the SDAT Asia Triathlon Cup 2025, held at the INS Adyar on Sunday.
Countering Modern Critiques of Classics
My thoughts have been very much with our epics this week and I would like to share my understanding of a few epic incidents that I feel have been wrongly critiqued in modern India.
