Sebi probes Adani Group's alleged disclosure failures post US SEC charge

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Sebi probes Adani Group's alleged disclosure failures post US SEC charge - Business Standard

Quick Summary:

Typically, disclosure violations attract monetary penalties, as Sebi is limited to filing civil charges.

In response, Sebi has sought inputs from stock exchanges regarding these concerns and plans to conduct a fact-finding exercise over the next two weeks, the report said.

At the time, the Adani Group denied knowledge of any investigation against its chairman, asserting compliance with anti-bribery laws.