Sebi checks disclosures with exchanges
Mint Mumbai|November 23, 2024
India's capital markets regulator is looking into whether the Adani group violated rules mandating the disclosure of market-moving information, according to people with knowledge of the matter.
Bloomberg
Sebi checks disclosures with exchanges

The Securities and Exchange Board of India (Sebi) has asked officials at the stock exchanges if Adani Green Energy Ltd failed to properly disclose the US justice department's investigation into bribery allegations, the people said, asking not to be identified as the details are private. The process of fact-finding is expected to continue for two weeks following which Sebi could decide if it wants to open a formal investigation, one of the people said.

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