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Mumbai: India’s capital markets regulator on April 2 made a detailed presentation to the six-member committee set up by the Supreme Court following publication of the Hindenburg report on Adani Group on January 25, said people familiar with the matter.
The New Delhi briefing to the panel by Securities and Exchange Board of India (Sebi) chairperson Madhabi Puri Buch was her first, and an important one, said these people. Henceforth, she will not appear before the committee unless required.
Sebi will, however, continue to provide all requisite information to the six-member committee, which is simultaneously carrying out its own investigation in the case and will furnish its report to the Supreme Court, they said.
The presentation covered disclosures on related party transactions by both liste…Read More…
Source: PTI
