New Delhi, Sept. 18 -- The Securities and Exchange Board of India (SEBI) has cleared Adani Group and its associate entities from the allegations raised by US short-seller Hindenburg Research, an official order said today.
The Hindenburg report alleged that the Adani Group had used three companies -Adicorp Enterprises, Milestone Tradelinks and Rehvar Infrastructure - as channels to supply money between Adani Group firms.
Published by HT Digital Content Services with permission from United News of India....