The Supreme Court has instructed SEBI to conclude its investigation into allegations against the Adani Group within three months. The court, led by Chief Justice DY Chandrachud, dismissed the notion of transferring the case to the CBI, emphasizing no grounds for skepticism in SEBI's actions. Adani faced volatility in 2023, accused by Hindenburg Research and OCCRP, but rebounded after the US government, and SEBI found allegations insignificant.
