SEBI Begins Hearings To Recover $22.25 Million Gains Linked To Adani-Hindenburg Short-Selling Case
India’s markets regulator Securities and Exchange Board of India (SEBI) has begun hearings in a case involving alleged gains from trades carried out before Hindenburg Research released its critical report on the Adani Group in 2023, Reuters reported. The regulator is seeking recovery of profits that it believes were generated through trades based on non-public information. The proceedings involve…
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