"Hindenburg Claims Were Baseless": Gautam Adani After SEBI Clean Chit
Welcoming SEBI's clean chit in the allegations made by short seller Hindenburg Research, Adani Group Chairman Gautam Adani has said the truth alone triumphs and the markets regulator's order reinforces what the group has always maintained - that the claims were baseless.
Mr Adani also expressed sympathy with investors who lost money because of the motivated report.
"After an exhaustive investigation, SEBI has reaffirmed what we have always maintained, that the Hindenburg claims were baseless. Transparency and integrity have always defined the Adani Group. We deeply feel the pain of the investors who lost money because of this fraudulent and motivated report. Those who spread false narratives owe the nation an apology," he posted on X on Thursday.
