Mumbai: The Securities and Exchange Board of India (SEBI) has initiated a fresh investigation into the Adani Group, intensifying regulatory scrutiny on the conglomerate. While specific details of the probe remain undisclosed, sources indicate it may be linked to issues of corporate governance and compliance.
The development comes at a time when the Adani Group is already under the global spotlight following allegations of stock manipulation and governance lapses by U.S.-based Hindenburg Research earlier this year. SEBI’s continued focus on the group reflects its broader push to enhance corporate accountability.
Shares of Adani Group companies saw minor fluctuations following news of the investigation. Analysts believe the probe is part of SEBI’s ongoing efforts to safeguard investor interests and ensure compliance with market regulations.