Adani Group clarifies on Sebi, DRI probe over compliance - News Summed Up

Adani Group clarifies on Sebi, DRI probe over compliance


Clarification on SEBI & DRI Investigation of Adani Group Companies pic.twitter.com/lx0i1hEAkH — Adani Group (@AdaniOnline) July 19, 2021The DRI and Sebi are investigating some entities of Adani Group for non-compliance of rules, MoS Finance Pankaj Chaudhary informed Parliament on Monday. "The Securities and Exchange Board of India (SEBI) is investigating some Adani Group companies with regard to compliance with SEBI Regulations," Chaudhary said, without disclosing the companies involved. "The Directorate of Revenue Intelligence (DRI) is investigating certain entities belonging to the Adani Group," he said. The finance ministry said that the six firms of the Adani Group are listed and traded on recognised stock exchanges in India. Meanwhile, shares of the six Adani group companies, which are in the business of operating airports and ports, generating and distributing electricity, and coal and gas trading, closed between 1.1%-4.8% lower today.


Source: Mint July 19, 2021 13:15 UTC



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