SEBI, DRI probing some Adani Group companies, says MoS Finance - News Summed Up

SEBI, DRI probing some Adani Group companies, says MoS Finance


Did you Know? Stock score of Adani Enterprises Ltd moved down by 3 in 3 months on a 10-point scale. View Latest Stock Report »CHENNAI: India 's securities regulator and customs authorities are investigating some Adani Group companies for non-compliance of rules, India's junior finance minister told parliament on Monday.It was not immediately clear when the investigation was launched. "In a matter pertaining to issuances of Global Depository Receipt (GDR) by certain Indian listed companies, SEBI vide Order dated June 16, 2016 had directed depositories to freeze particular beneficiary accounts of certain FPIs including Albula Investment Fund Ltd., Cresta Fund Ltd., and APMS Investment Fund Ltd. (With inputs from Reuters)


Source: Economic Times July 19, 2021 10:06 UTC



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