Business Standard

Adani-Hindenburg saga: Over dozen involved in short-selling under Sebi lens

Fund source, disclosures being examined

Adani
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Photo: Bloomberg

Shrimi Choudhary New Delhi
More than a dozen entities, both domestic and foreign, had come under the regulatory glare over alleged short-selling before and after the publication of the Hindenburg research report against Adani Group, two people familiar with the development said.
 
The Securities and Exchange Board of India (Sebi), which is examining the rise in stock values of Adani Group in the past few years, is also scrutinising the trade data and trade pattern of these entities allegedly involved in short-selling and made significant profit.
 
Enquiries in the trade pattern of these entities reflected a profit of over Rs 30,000 crore, pre- and

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