SC seized of Hindenburg report on Adani group: MoS Rao Inderjit Singh
Minister of State for Corporate Affairs Rao Inderjit Singh on Monday said the Hindenburg report is with regard to the listed companies of Adani group which fall under the purview of Sebi and that the Supreme Court is seized of the matter.
His response in the Lok Sabah through a written reply was to a query on whether the corporate affairs ministry has conducted any review on the financial statements and other regulatory submissions of Adani group of companies after the Hindenburg report.
"The Hindenburg report is with regard to the listed companies of Adani group which fall under the purview of Sebi," the minister said.
According to Singh, the Supreme Court is seized of the matter and has passed an order constituting an expert committee to look into the matter.
He noted that the court has also directed all the agencies of the Union government, including agencies connected with financial regulation, fiscal agencies and law enforcement agencies, to cooperate with the committee.
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