Notices issued under Sec.11 and 11(b), which empower Sebi to impose directions, penalties. Funds, investors, and other characters mentioned in the 2022 Hindenburg Report also get notices. SCN to Adani Enterprises, Adani Ports, Adani Power and Adani Energy Solutions. Taiwan-based Chang Chung-Ling mentioned in SCNs.
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Adani Power has got three show cause notices along with Adani Energy Solutions, disclosures reveal. Sebi notices come nearly two years after notorious US short-seller Hindenburg alleged violations of minimum public shareholding norms.
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The acquisition includes an additional open offer for 26 per cent stake, positioning Adani to expand its civil engineering footprint in infrastructure projects
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Ambuja Cements, part of Adani Group, leads discussions for potential USD 1.2 billion deal in a move to consolidate the cement industry
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The project is expected to commence commercial operations in the third quarter of 2025
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Rs 5,888.57 crore deal will enhance Adani's infrastructure portfolio and EPC capabilities, positioning the group for further expansion
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As the Adani-Hindenburg saga intensify, Swiss authorities freeze USD 310 million across six bank accounts linked to Gautam Adani
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As per the media reports, the scrutiny of Indian businesses, including the Adani Group will be done in order to understand the kind of contracts that have been signed and its terms and conditions
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The investment is a part of a USD 13.96 billion project that the state has approved, with the goal of adding 29,000 jobs
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The acquisition, which requires no regulatory approvals, will expand APSEZ's fleet to 168 vessels and enhance its presence in key markets
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