Adani Group Chairman Gautam Adani. File
| Photo Credit: ANI
Embattled tycoon Gautam Adani on March 2 welcomed the Supreme Court order of a time-bound probe into allegations levelled by Hindenburg Research towards his group, saying this will convey finality and truth will prevail.
Shortly after a Bench headed by Chief Justice D.Y. Chandrachud handed the order, Mr. Adani tweeted, “The Adani Group welcomes the order of the Hon’ble Supreme Court. It will bring finality in a time bound manner. Truth will prevail.”
The Supreme Court on March 2 requested markets regulator SEBI to finish an investigation into U.S. short-seller Hindenburg’s allegations towards Adani Group inside two months.
It additionally ordered constituting an knowledgeable committee to evaluation regulatory mechanism in view of the rout in share costs of Adani corporations triggered by the Hindenburg allegations.
