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Hindenburg Claims A "Pathetic Damp Squib," Says Mahesh Jethmalani

Hindenburg Claims A "Pathetic Damp Squib," Says Mahesh Jethmalani

NDTV
Sunday, August 11, 2024 12:50:21 PM UTC

"There being nothing new against the Adani group," the US shortseller is targeting SEBI's chairperson Madhabi Puri Buch, Mahesh Jethmalani posted on X

Senior advocate Mahesh Jethmalani has slammed US-based short-seller Hindenburg Research's latest claims as "pathetic damp squib". "The announcement prior to its alleged big revelation itself reveals its motive: to destabilise India's stock markets. The pre-publicity ill behoves a reputed "research analyst"," read his post on X, formerly Twitter. "There being nothing new against the Adani group," the US shortseller is targeting SEBI's chairperson Madhabi Puri Buch, Mr Jethmalani added. #Hindenburg's "Something big" is a pathetic damp squib, The announcement prior to its alleged big revelation itself reveals its motive: to destabilise India's stock markets. The pre publicity ill behoves a reputed "research analyst ". As regards the "big" something there is… https://t.co/QeKNO4gEFp

Hindenburg's Saturday's allegations has been slammed by the industry, the ruling BJP and others.

The Adani Group has termed the allegations "malicious, mischievous and manipulative" . The group said it has no commercial relationship with SEBI chairperson or her husband.

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