Adani-Hindenburg Verdict highlights: No more probes, SC draws the line on Hindenburg saga

Adani-Hindenburg Case Live Updates: Adani group shares rally

Shares of Adani group companies soared upto 11 percent after the Supreme Court verdict on petitions. Shares of the flagship Adani Ports and SEZ and Adani Enterprises rose 2 percent and 5 percent. Other Adani group stocks, Adani Wilmar, Adani Green Energy, Adani Power, Adani Total Gas and Adani Energy Solutions were up 3-11 percent.
Shares of Ambuja Cements, ACC and NDTV also edged 1-6% higher.

Adani-Hindenburg Case Live Updates: No conflict of interest in probe panel

SC junked allegations of conflict of interest against its panel, asking Centre and SEBI to look into whether there is any infraction of the law by the Hindenburg report on short selling, and if so then take action per law.

Adani-Hindenburg Case Live Updates: SC pans OCCRP report

The top court in its verdict said independent reports or newspaper stories cannot be used to start a SEBI investigation. OCCRP and Hindenburg cannot be independently verified. It cautioned petitioners for filing pleas without adequate research.

Adani-Hindenburg Case Live Updates: SC on FPI investments

The apex court said no case made out that the FPI regulations were diluted to allow mischief, adding that disclosure norms have only been tightened, now at par with PMLA.

Adani-Hindenburg Case Live Updates: Catching up now, here's what the SC said on Adani petitions

• No valid grounds raised to direct SEBI to regulate its amendments made in exercise of delegated legislative powers
• SEBI has completed probe into 22 allegations out of 24. we direct SEBI to complete the remaining 2 within 3 months
• Allegations against the members of the expert committee are unsubstantiated
• No ground here to transfer the probe in this case and this can only be raised if there is willful or deliberate violation of the rules
• Reliance on OCCPR report is rejected and reliance on a third party organisation report without any verification cannot be relied upon as a proof
• Govt  and SEBI shall take into consideration the recommendations of the committee to strengthen interest of indian investors
• Govet and SEBI to look into if there is any infraction of law by the hindenburg report 
• Sebi and govt to take into consideration recommendations of the committee 
• SEBI had used the term opaque to describe the FPI which was misconstrued by the expert committee. 

Adani-Hindenburg Case Live Updates: Top gainers in the Adani stack

Adani Ports and Adani Enterprises topped Nifty 50 index ahead of the Supreme Court verdict on the Hindenburg matter.

Adani-Hindenburg Case Live Updates: GQG's Rajiv Jain in focus

The surge in listed stocks of Gautam Adani would make emerging-market investor Rajiv Jain happy. His firm GQG Partners Inc. had acquired Adani shares weeks after a brutal shortseller report battered the ports-to-power conglomerate and wiped out more $150 billion in market value.

Adani-Hindenburg Case Live Updates: Adani on Hindenburg episode

Adani-Hindenburg case live updates: Adani Group surge

Adani Enterprises jumped over 6 percent to Rs 3,122.40 on NSE. Adani Total Gas surged over 10 percent to Rs 1,100.95, and Adani Energy Solutions surged 14 percent. Adani Power, Adani Green Energy, Adani Ports and Adani Wilmar rose up to 7 percent.

Adani-Hindenburg case live updates: A quick recap before the verdict

• Hindenburg’s report claimed “brazen accounting fraud” and “stock manipulation” by the Adani group.
• Adani group panned it, calling it “unresearched” and “maliciously mischievous”
• The January report triggered a massive rout of Adani group stocks, which lost over $140 billion in days and forced the cancellation of a ₹20,000 crore share sale.
• In March, the Supreme Court set up a six-member panel, led by retired Supreme Court judge AM Sapre, to look into regulatory failure by Sebi and alleged breach of laws by the Adani group. 
• Committee said the allegations of stock price manipulation or violation of MPS norms by Adani group companies cannot be proved “at this stage”.

Adani-Hindenburg case live updates: Adani market cap

Adani Group's overall market cap is back above ₹15 lakh crore mark, but still below its peak of ₹23 lakh crore. The overall market capitalisation is nearly triple of the record low of ₹5.8 lakh crore it hit after Hindenburg bombshell

Adani-Hindenburg case live updates: Adani stocks on the mend

Adani Group stocks have rebounded after losing as much as 80% when the Hindenburg saga unfolded. While group stocks like Adani Ports recovered all of their Hindenburg losses, others have managed to narrow their losses.

Adani-Hindenburg case live updates: Adani, the comeback king

Gautam Adani's sprawling conglomerate raised over USD 5 billion (Rs 41,500 crore) in equity and a double of that in debt this year as the apples-to-airport group made a comeback since being hit by the bombshell Hindenburg report.

Adani-Hindenburg case live updates: Adani stocks gain before verdict

Among hopes of a favourable outcome, shares of Adani Energy Solutions climbed 9.82 per cent to Rs 1,165. Adani Total Gas shares surged 8.33 per cent to Rs 1,083.95. The group flagship, Adani Enterprises, climbed 4.15 per cent to Rs 3,053.65 on BSE. Adani Power shares hit 5 per cent upper circuit limit at Rs 544.65. Adani Green Energy advanced 4.72 per cent to Rs 1,678.25. Adani Ports added 1.8 per cent to Rs 1,098.

Adani-Hindenburg case live updates: Adani stocks rally

Adani stocks rally up to 10% ahead of SC verdict; Adani, Energy Solutions,  Adani Total Gas, Adani Power, Adani Enterprises shares gain the most

Adani-Hindenburg case live updates: What did SEBI probe?

Apart from delving into the rout in Adani Group stocks following Hindenburg’s report, Sebi has been investigating if there was a violation of rules concerning minimum public shareholding, related party transactions and manipulation of stock prices. 

Adani-Hindenburg case live updates: SEBI on Adani probe

SEBI in its filing said out of the 24 matters it was probing, findings in as many as 22 was final. 

Adani-Hindenburg case live updates: All eyes on Adani stocks

All eyes will be on Adani group shares including Adani Enterprises, Adani Power Ltd, Adani Green Energy Ltd, Adani Total Gas Ltd, Adani Ports & Special Economic Zone Ltd and Adani Wilmar Ltd as the Supreme Court of India is set to pronounce its the much-awaited verdict on the Hindenburg row that wiped nearly $150 billion in market capitalisation off Adani group companies in early 2023.

Adani-Hindenburg case live updates: Apex court bench on Adani probe PIL

SC bench said there was no material to doubt the investigation carried out by SEBI, expressing reluctance to accept the arguments against the impartiality of the members of the expert panel set up by the Court on the issue

Adani-Hindenburg case live updates: What the case is all about

Hindenburg in January 2023 accused the Ahmedabad-based ports-to-power conglomerate of “brazen stock manipulation and accounting fraud”, allegations that the Adani group has denied, calling the report “a calculated attack on India”.