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Business News/ Markets / Stock Markets/  Hindenburg-Adani Case Live Updates: BJP claims Soros behind claims against SEBI
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Hindenburg-Adani Case Live Updates: BJP claims Soros behind claims against SEBI

2 min read . Updated: 12 Aug 2024, 04:51 PM IST
Shivangini, Anubhav Mukherjee

Hindenburg-Adani Case Live: Hindenburg-Adani Case Live Updates: In a late-night series of posts on X on Sunday, Hindenburg Research called on SEBI chief Madhabi Buch to disclose the client list of all individuals or firms consulting with her on her offshore investments.

Madhabi Puri Buch, chairperson, Securities and Exchange Board of India. (PTI)Premium
Madhabi Puri Buch, chairperson, Securities and Exchange Board of India. (PTI)

Hindenburg-Adani Case Live: The research firm suggested that this transparency would clarify whether there are any connections between these clients and the entities SEBI is responsible for regulating. Hindenburg also claimed that Buch's response confirmed one of their allegations: that an offshore fund associated with Buch was managed by her husband Dhaval Buch's childhood friend, who is also a director in the Adani Group. This, according to Hindenburg, represents a significant conflict of interest.

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