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Adani Group settles legal issues with Sebi, pays Rs 1.5 cr over corporate governance violations

The Adani Group has settled with Sebi, with companies like Adani Enterprises and Adani Green Energy collectively paying ...

Adani Group settles legal issues with Sebi, pays Rs 1.5 cr over corporate governance violations
Source: Economic Times - Markets

The Adani Group has settled with Sebi, with companies like Adani Enterprises and Adani Green Energy collectively paying ₹1.5 crore over allegations concerning related party transaction disclosures and corporate governance practices. Notably, Adani Enterprises contributed ₹76.05 lakh to the settlement, responding to criticisms raised in the Hindenburg Report about the company's compliance with audit standards and peer reviews.

SOURCE: Economic Times - Markets
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DHALLO EDITORIAL STATUS: Aggregated & reviewed
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