India threatens Mauritius-based funds holding Adani shares with penalties

India threatens Mauritius-based funds holding Adani shares with penalties

India's markets regulator has threatened two Mauritus-based funds with investments in the Adani Group that they could face penalties and cancellation of licences for not sharing shareholding details despite repeated requests over two years, according to a document reviewed

SEBI Warns Mauritius-Based Funds for Lack of Cooperation

Two Mauritius-based funds tied to the Adani Group could face potential penalties and license cancellations over their failure to disclose shareholder details. To continue reading... Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Se…