September 18, 2025 8:50 PM

SEBI clears Adani Group of all allegations in Hindenburg Case

The Securities and Exchange Board of India (SEBI) has cleared the Adani Group and its associated entities of all allegations made in the Hindenburg case, stating that the charges “are not established.” In its order issued on Thursday, SEBI said the proceedings were disposed of without directions, as the alleged transactions were found to be genuine business dealings and not fraudulent or violative of related party transaction (RPT) disclosure norms. “Considering the above, the question o...