Hindenburg Shifts Gears From Adani Group To Allegations Against SEBI Chairperson Madhabi Puri Buch

The controversy started with Hindenburg's allegations of market manipulation and governance failures against the Adani Group. Recently, Hindenburg intensified the scrutiny by accusing SEBI Chief Madhabi Puri Buch of holding stakes in offshore entities linked to the Adani scandal. Buch has countered these claims, stating that the investments were made before her SEBI tenure and were disclosed properly. Hindenburg’s latest claims include potential conflicts of interest and questions about investments and appointments. While the government and industry bodies support SEBI, opposition parties are pushing for a more comprehensive investigation into the matter.