Petitioner in SC accuses SEBI of ‘‘concealing” 2014 DRI alert on Adani

Petitioner in SC accuses SEBI of ‘‘concealing” 2014 DRI alert on Adani

Ms. Jaiswal alleges SEBI concealed a 2014 DRI alert about Adani's stock market manipulation. SEBI allegedly failed to act on the alert and instead closed investigations into the Adani group. SEBI told the Supreme Court the investigation only started in 2020.

SEBI suppressed important facts and "slept over" DRI info on stock manipulation by Adani: Petitioner tells Supreme Court

The apex court is seized of four PILs on the Adani-Hindenburg controversy including those by lawyers M L Sharma and Vishal Tiwari, Congress leader Jaya Thakur and law student Anamika Jaiswal. On August 25, SEBI had informed the apex court it has completed the probe in all but two allegations against the Adani group, and is still awaiting information from five tax havens on the actual owners behind the foreign entities that have invested in the c…

SEBI suppressed facts, slept over DRI info on stock manipulation by Adani: Petitioner tells SC

New Delhi: Market regulator SEBI suppressed important facts from the Supreme Court and "slept over" Directorate of Revenue Intelligence's letter on alleged stock manipulation by the Adani firms, one of the PIL petitioners in the Adani-Hindenburg row

SEBI Concealed 2014 DRI Alert About Adani Group Manipulations, Has Conflict Of Interest : Petitioner Tells Supreme Court

The petitioner said that a member of the SEBI's committee on corporate governance is related to Gautam Adani.