Story India Adani Group

SEBI rejects settlement bids by Adani-linked funds

India

What to know

  • 13 overseas portfolio investors sought to resolve a 2020 investigation into their status as genuine public shareholders or agents for Adani Group foundersS1
  • India’s markets regulator rejected settlement applications from overseas funds with significant stakes in Adani Group companies after their proposed terms fell short of the regulator’s requirements, the Economic Times reported.S2
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2mos Thehindubusinessline

SEBI rejects settlement bids by Adani-linked funds

13 overseas portfolio investors sought to resolve a 2020 investigation into their status as genuine public shareholders or agents for Adani Group founders

2mos Bloomberg

India Rejects Settlement Bids by Adani-Linked Funds, ET Reports

India’s markets regulator rejected settlement applications from overseas funds with significant stakes in Adani Group companies after their proposed terms fell short of the regulat…

SEBI rejects settlement bids by Adani-linked funds

2 outlets 2 reports

What to know

  • 13 overseas portfolio investors sought to resolve a 2020 investigation into their status as genuine public shareholders or agents for Adani Group foundersS1
  • India’s markets regulator rejected settlement applications from overseas funds with significant stakes in Adani Group companies after their proposed terms fell short of the regulator’s requirements, the Economic Times reported.S2
Timeline · newest first

Sources · 2 citations

S1 Thehindubusinessline 1 report · EN
S2 BloombergLead 1 report · EN