Some Adani Group Companies Being Probed, Says Minister In Parliament

It was not immediately clear when the Securities and Exchange Board of India (SEBI), or the Directorate of Revenue Intelligence (DRI) launched the investigation.

Securities regulator and customs authorities are investigating some Adani Group companies for non-compliance of rules, junior finance minister told parliament on Monday. It was not immediately clear when the Securities and Exchange Board of India (SEBI), or the Directorate of Revenue Intelligence (DRI) launched the investigation. The minister, Pankaj Chaudhary, did not name which companies were involved. Shares of Adani group companies, which operate airports and ports, power generation and transmission, coal and gas trading, closed between 1.1%-4.8% lower on Monday.