New Hindenburg report: Hindenburg Report on SEBI Chairperson

Hindenburg Report on SEBI Chairperson.

Here’s everything in short:

Big news in the financial world, folks!

Hindenburg Research (remember them?) is back with new claims.

They’re saying SEBI chairperson Madhabi Puri Buch and her husband had stakes in offshore funds.

These funds are allegedly linked to the Adani Group controversy.

Their claims:

• Hindenburg says they have “whistleblower documents“
• They claim Buchs were involved in the same funds as Vinod Adani (Gautam’s brother)

• They also say Buch owns 99% of a consulting business where her husband is a director

But wait,

• Buch and her husband say these claims are “baseless“
• They’re willing to show their financial records to prove it
• They think Hindenburg might be hitting back because of SEBI’s actions against them

The Fallout:

• Opposition parties are demanding action
• They’re asking why SEBI seemed reluctant to investigate Adani earlier
• Some are calling for outside agencies to step in


I don’t know who’s True or False. But it will really impact on SEBI’s Credibility (In Normal people’s minds)

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Thanks for reading.