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SEBI clean chit: Gautam Adani writes letter to shareholders on Hindenburg; calls report a direct challenge to the audacity of Indian enterprises

Gautam Adani has issued a letter to shareholders emphasising the group’s commitment to transparency and governance. Gautam Adani, the Adani group’s founder and chairman, has written about the Hindenburg report and recent SEBI clean chit. In a letter to shareholders, Gautam Adani said the Hindenburg report, aimed at weakening the group, has actually strengthened it.Following…

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SEBI clean chit in Hindenburg case: Adani Group valuation soars Rs 69,000 crore in a single session; stocks rally strongly

Adani Group firms saw their combined market value surge by more than Rs 69,000 crore during Friday’s trading session. Gautam Adani-led Adani Group stocks rallied strongly in trade on Friday after SEBI cleared the companies of Hindenburg-related allegations. The regulatory body’s ruling, which rejected claims of share price manipulation and improper related-party dealings, boosted investor…

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Adani Group shares jump! Almost all stocks in green after Sebi clears Hindenburg claims; Adani Power up nearly 9%

Adani Group stocks rise:Adani Group stocks rise: Adani Group shares rallied on Friday, a day after the Securities and Exchange Board of India (Sebi) dismissed allegations of stock manipulation levelled by US short-seller Hindenburg Research.All nine Adani-listed firms opened higher, with Adani Total Gas emerging as the top gainer, soaring 13.27%. Adani Energy Solutions jumped…

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