Four Adani Group companies, including Adani Enterprises, have settled a case with the Securities and Exchange Board of India over alleged minimum public shareholding violations. The companies and their directors paid a combined Rs 1.48 crore, and Sebi has closed enforcement action after the settlement, which was reached without admitting or denying the allegations.
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"Four Adani Group Firms Settle Sebi Public Shareholding Case"
Four Adani Group companies, including Adani Enterprises, have settled a case with the Securities and Exchange Board of India over alleged minimum public shareholding violations. The companies and their directors paid a combined Rs 1.48 crore, and Sebi has closed enforcement action after the settlement, which was reached without admitting or denying the allegations.
Four Adani Group Firms Settle Sebi Public Shareholding Case
R
RDU Global Wire
Macro Economy & Fiscal Policy Desk
New Delhi, India Just now (02:51 AM IST)•5 min read
Four Adani Group companies, including Adani Enterprises, have settled a case with the Securities and Exchange Board of India over alleged minimum public shareholding violations. The companies and their directors paid a combined Rs 1.48 crore, and Sebi has closed enforcement action after the settlement, which was reached without admitting or denying the allegations.
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