SEBI drops shareholding case against Vinod Adani, finds no proof he controlled offshore funds

🇮🇳 The Hindu (IN) —
SEBI drops shareholding case against Vinod Adani, finds no proof he controlled offshore funds

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India's market regulator SEBI dropped minimum public shareholding and fraud allegations against Vinod Adani and 11 other noticees, citing insufficient proof that he controlled offshore funds. It imposed ₹20 lakh penalties on two noticees for withholding information.

The market regulator dropped minimum public shareholding and fraud allegations against Vinod Adani and 11 other noticees, while imposing ₹20 lakh penalties on two of them for withholding information

Politics Markets SEBI Vinod Adani market regulation offshore funds shareholding fraud allegations

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