1 / 5

SEBI To Turn Its Attention To Hindenburg For Chances of Wrongdoings

A lot of people also started to get the wrong idea of Adani Groupu2019s business. The Adani Investigation also caused the Adani Groupu2019s business to experience a severe blow. Its cash flow was disrupted. Its business operations could not be carried out smoothly.

Adanicase1
Download Presentation

SEBI To Turn Its Attention To Hindenburg For Chances of Wrongdoings

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. SEBI TO TURN ITS ATTENTION TO HINDENBURG FOR CHANCES OF WRONGDOINGS

  2. The Indian market regulator SEBI has finally been able to see some success in the Adani Hindenburg case. It is not against the Adani Group but against Hindenburg Research. The US-based short- seller failed to abide by several rules and regulations. This was mentioned in the show cause notice published by SEBI. Hindenburg also shared an advance copy of its report on the Indian conglomerate with the New York-based hedge fund manager, Mark Kingdon. The report was published at least two months before the publication of the report. They also made a significant amount of money in profits.

  3. How Did The Hindenburg Report Affect The Adani Group? The conglomerate’s several projects had to be dropped. A lot of investors also backed out from making investments in the Adani Group. A lot of people also started to get the wrong idea of Adani Group’s business. The Adani Investigation also caused the Adani Group’s business to experience a severe blow. Its cash flow was disrupted. Its business operations could not be carried out smoothly.

  4. Adani’s Reaction To The Charges The Adani Group has also been consistently denying the charges that were put against the firm. They have also said that all the allegations are baseless. If the alleged violations are proven against the Hindenburg Research, then the SEBI can bar the US- based short-seller from the Indian market. They could also order them to pay profits and penalties. With help from the US Securities and Exchange Commission and the submissions made by Kingdon, SEBI was able to uncover the malicious practices of the Hindenburg Report. It has also finally been able to get closer to the Adani Hindenburg crisis. Because of the actions taken by Hindenburg Research, the interests of the Indian markets and the investors were harmed significantly. Hindenburg had to pay back for that.

  5. THANK YOU

More Related