Will SEBI act on its insider trading charges against Pranav Adani, asks Congress

Will SEBI act on its insider trading charges against Pranav Adani, asks Congress

Party MP Jairam Ramesh asked whether the market regulator will ‘once again let the Prime Minister’s favourite business group off with a slap on the wrist’.

India’s market regulator accuses Adani nephew of insider trading

THE Securities and Exchange Board of India (SEBI), India’s market regulator, has accused Pranav Adani, director of several Adani group companies and nephew of Gautam Adani, of sharing unpublished price sensitive information in violation of insider trading rules, according to a document reviewed by Reuters.SEBI sent Pranav Adani a notice last year alleging that he shared details about Adani Green's 2021 acquisition of SB Energy Holdings with his …