Adani Group Chairman Gautam Adani. File | Photo credit: ANI
March 2 was welcomed by warlord tycoon Gautam Adani. Supreme Court order I did a one-time investigation Allegations made by Hindenburg Research Against his own group, saying that this will result and the truth will prevail.
Soon after the order of the bench headed by Chief Justice DY Chandrachud, Mr. Adani tweeted, “Adani Group welcomes the order of Hon’ble Supreme Court. It will be finalized in due course. Right will prevail. ”
The Supreme Court on March 2 asked markets regulator SEBI to complete its investigation into allegations against Adani Group by US short seller Hindenburg within two months.
He also ordered the formation of an expert committee to review the regulatory mechanism in view of the fall in share prices of Adani firms due to the Hindenburg allegations.