5 offshore funds pull back SAT appeals in Adani-Hindenburg investigation
Five offshore investment funds mentioned in the 2023 Hindenburg report have dropped their appeals at the Securities Appellate Tribunal (SAT). They intend to submit new filings within two days after SEBI raised objections. This matter relates to a SEBI investigation into various offshore entities cited in the report, for which the regulator had requested details regarding investment frameworks connected to Adani Group firms.
by shortkt.com✓