Brief by Shorts91 Newsdesk / 04:53am on 11 Aug 2024,Sunday Business
SEBI chairperson Madhabi Buch and her husband have strongly denied allegations by Hindenburg Research, accusing the US firm of "character assassination." Hindenburg claimed the couple had hidden stakes in offshore entities linked to the Adani Group. Buch refuted these claims, stating that their finances are transparent and open to scrutiny. The couple believes these accusations are a retaliation by Hindenburg after SEBI took enforcement action against the firm. They have promised to release a detailed statement soon to clarify their position further.
