File photograph of jairam ramesh. , Picture Credit score: Reuters
A day after the sebi’s clear chit to the adani group within the Hindenburg matter, the Congress on Friday (September 19, 2025) Stated there’s a continued have to engineed to “rip-off” rip-off “in all we Extnds far past the scope of investigations by the market regulator.
Congress Common Secretary in-Cost Communications Jairam ramesh stated in an announcement that opposite to the managed headlines, the business associate in “Modani Enterprises” has acquired a “Clear Chit” from Sebi Solely in two of the 20 issues being investigated by it below a supreme court-mandated probe.
In an announcement, Mr. Ramesh stated there may be continued want to analyze the “modani rip-off” in all its dimensions.
He additionally shared a set of questions the social gathering had posd within the 100-certain-series “Hum adani ke hain kaun“(Hahk), and stated they continue to be unanswered.
The Congress Chief Famous that the Supreme Courtroom on March 2, 2023 Had Directed Sebi to “CONCLUDE The Investigation Inside Two Months” Following the Hindenburg Report.
But, the primary sebi orders have been delivered solely after two years and 7 months, following reepeted extensions and delays.
“We now Await Sebi’s Findings on the Remining 22 issues, which embody allegations of insider buying and selling in adani teams corporations, violations of guidelines associated to minimal publike shareHolding, and 13 ‘Sauspicius Transactions’ That Sebi Instructed The Supreme Courtroom on August 25 2023, that it was funding.
“The Modani Rip-off, nevertheless, extends far past the scope of sebi’s investments,” He assessed.
Elevating the problems the Congress had flagged in its listing of historical past Earnings Tax Division to “Power” Firms to unload their belongings to the adani group.
Mr. Ramesh additionally alleged {that a} ₹ 2,000 Crore “Bribery Scheme Allegedly Orchestrated by Gautam Adani and Seven Associates to Safe Excessive-Value Energy Contracts In India have refused, for close to a 12 months, to serve a US sec summons. ”
He stated the Congress has additionally been demanding a probe into “biased privatization” of Vital infrastructure like Airports and Ports for the Good thing about the Adani Group and the Adani Group and the Import of “Over-Inviced” Over- Invic components And chang, which contributed to sharp will increase within the pris of electrical energy drawn from adani energy stations in Gujarat.
Gujarat-based adani group has reepeatedly denied all of the allegations.
In an enormous increase to adani, markets regulator sebi on Thursday (September 18, 2025) Clerade the billionaire and his group of inventory manipulation allegations allegations made by Hindi Firms didn’t fall of any regulation.
The sebi, in two separete detailed orders, stated the allegations of insider buying and selling, market manipulation, and violations of public sharehlding norms was discovered to be unSubstantiated after AFTER AFTER AFTER
Hindenburg, which has since shut down, in January 2023 Revealed a Damning Report Towards The Adani Group, Alleging Adicorp Enterprises Pvt Ltd, Milestone Tradelinks Pvt Ltd, and Rehvar infrastructure Pvt ltd was used as a conduit to route funds from Varied Adani Group Firms to Fund Publicly Listed Adani Energy Ltd and Adani Enterprises Ltd.
Revealed – September 19, 2025 02:44 pm IST
(Tagstotranslate) sebi clear chit to adani