Adani issue: SC panel says no sign of regulatory failure
The Statesman|May 20, 2023
The Supreme Court-appointed expert committee constituted to look into the Adani-Hindenburg row has said it would not be possible for it to conclude that there has been a regulatory failure around the allegation of price manipulation.
Adani issue: SC panel says no sign of regulatory failure

"At this stage, taking into account the explanations provided by SEBI, supported by empirical data, prima facie, it would not be possible for the Committee to conclude that there has been a regulatory failure around the allegation of price manipulation," the expert committee said in its report submitted to the apex court earlier this month.

The committee noted that it was submitted by Sebi that while the price of shares of Adani Enterprises Ltd. (AEL) rose, no evident pattern of manipulative contribution to price rise could be attributed to any single entity or group of connected entities.

この記事は The Statesman の May 20, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は The Statesman の May 20, 2023 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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