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MP Priyanka Chaturvedi writes to SEBI seeking details of Adani group investigation

MP Priyanka Chaturvedi writes to SEBI seeking details of Adani group investigation

The Hindu
Thursday, April 20, 2023 09:59:03 AM UTC

Shiv Sena (UBT) Rajya Sabha member Priyanka Chaturvedi wrote to SEBI seeking details of the investigation it is conducting against some companies of the Adani group

Shiv Sena (UBT) Rajya Sabha member Priyanka Chaturvedi wrote to the Securities and Exchange Board of India (SEBI) seeking details of the investigation it is conducting against some companies of the Adani group.

“The SEBI initiated investigations against some companies of the group in 2021. However, no closure report has been filed, nor any reasons for the delay have been apprised by the regulators. The details of the investigation and reasons for the delay in completion of the investigation must be apprised to the general public,” Ms. Chaturvedi said in a letter to SEBI’s chairperson Madhabi P. Buch.

She requested the regulatory body to disclose the status of the investigation and consequent findings to the general public to ensure ‘transparency and investor confidence’.

Read full story on The Hindu
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