SEBI Rejects Settlement Applications From Overseas Funds In Adani Group Probe
The Securities and Exchange Board of India (SEBI) has reportedly rejected settlement applications filed by several overseas funds holding stakes in Adani Group companies, after the proposals allegedly failed to meet the regulator’s requirements. According to a report by The Economic Times, SEBI informed representatives of the funds about the rejection last week. As many as 13 overseas portfolio…
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