Hindenburg target SEBI chief, she calls charges baseless

Posted on   11:27 am

US short-seller Hindenburg Research alleged that it suspects SEBI’s unwillingness to act against Adani group may be because of its head Madhabi Puri Buch had stakes in offshore funds linked to the conglomerate – an allegation slammed by the SEBI head as “baseless” while Adani group said it never had any commercial relations with Buch.