Adani Group Rejects New Hindenburg Research Report, Says ‘Allegations Are Malicious, Mischievous and Manipulative Selections of Publicly Available Information’

Adani Group on Sunday issued a statement on the latest report from Hindenburg Research, saying that the allegations by Hindenburg are “malicious, mischievous and manipulative selections of publicly available information”. "We completely reject these allegations against the Adani Group which are a recycling of discredited claims that have been thoroughly investigated, proven to be baseless and already dismissed by the Hon'ble Supreme Court in January 2024," the group added. US short-seller Hindenburg Research on August 10 released a new report alleging market watchdog Sebi chairperson Madhabi Buch. The report alleged that Madhabi and her husband Dhaval Buch were involved in Adani Group's offshore funds. Hindenburg Research Alleges SEBI Head Madhabi Buch and Her Husband Had Stakes in Obscure Offshore Funds Used in Adani Money Siphoning Scandal.

Adani Group Rejects New Hindenburg Research Report

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