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India Regulators Clear Billionaire Gautam Adani Of Hindenburg Allegations
- On September 18, 2025, India’s market regulator cleared Gautam Adani and his Adani Group of all allegations made by US-based Hindenburg Research following a thorough investigation.
- The probe originated from a Supreme Court order in March 2023 following Hindenburg's January 2023 report accusing the Adani Group of concealing related-party transactions via three firms.
- SEBI concluded that the transactions between the companies were not classified as related-party dealings under the rules applicable at the time, noting that the loans were fully repaid with interest and no evidence of fund diversion or fraud was found.
- SEBI board member Kamlesh Varshney stated the allegations were 'not established' and emphasized there was no liability or penalty imposed on the Adani Group.
- The regulator’s orders closed all proceedings against the group and its associated firms, reinforcing the Adani Group’s claims that the allegations were baseless and politically motivated.
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Adani Power Share Price: Adani Group stocks gain after Sebi's clean chit - Check details
Stocks of Adani Group are in action on Friday, September 19, 2025, as India’s capital markets regulator, Securities and Exchange Board of India (Sebi), has given billionaire Gautam Adani’s conglomerate a clean chit. Among the stocks that were in action in the early trade were Adani Ports, Adani Power, Adani Enterprises, Adani Green Energy and others. The markets regulator has cleared billionaire Gautam Adani and his group of allegations of stock…
·India
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Adani cleared of some Hindenburg allegations by India regulator
MUMBAI: India’s market regulator issued two orders on Thursday (Sep 18) clearing several of billionaire Gautam Adani’s companies of some of the allegations of financial impropriety made
·Singapore
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Total News Sources48
Leaning Left6Leaning Right7Center4Last UpdatedBias Distribution41% Right
Bias Distribution
- 41% of the sources lean Right
41% Right
L 35%
C 24%
R 41%
Factuality
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