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Not probing any Adani company since 2016: SEBI tells SC

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Content Team
Image Credit: NewsBytes

The Securities and Exchange Board of India (SEBI) told the Supreme Court on Monday that claims about it investigating the Adani Group since 2016 were "baseless," adding that no listed company of the Adani Group is among the 51 Indian companies being probed. It also asserted any premature conclusion regarding its probe into the Hindenburg claims would be legally untenable and won't serve justice.