News > SEBI increases scrutiny of Adani group: Report

SEBI increases scrutiny of Adani group: Report

Securities and Exchange Board of India (SEBI) has increased scrutiny of deals by the Adani Group over the past year and will study a report issued by short-seller Hindenburg Research to add to its own ongoing preliminary investigation into the group’s foreign portfolio investors. Some issues raised in the report point to concerns similar to what the regulator had regarding the movement of funds between parties related to the Adani Group through offshore funds back into local companies.