Hundreds of millions of dollars were invested in publicly traded Adani group stocks through Mauritius-based "opaque" investment funds by partners of promoter family
The apex court had reserved its order on February 20 on a batch of PILs on the recent Adani Group shares crash triggered by the Hindenburg Research's fraud allegations.
Citing a Hindenburg Research report which alleged that the Adani Group, has engaged in a brazen stock manipulation and accounting fraud scheme over the course of decades