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SEBI denies allegations of investigating Adani Group since 2016

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Content Team
Image Credit: NewsBytes

There have been allegations of SEBI investigating Adani Group companies even before the report by Hindenburg Research came out. On Monday, India's market regulator denied such rumors in the Supreme Court. The Supreme Court had tasked SEBI with investigating any possible violations by the Adani Group on March 2. SEBI is seeking a six months extension to complete its probe.