'Sebi probing some Adani offshore deals for possible rule violations'
India's market regulator, Securities and Exchange Board of India (SEBI), is investigating potential violations of “related party” transaction rules in the dealings of the Adani Group. At least three offshore entities with links to Vinod Adani, the brother of the conglomerate's founder, missed disclosure obligations over investment transactions that they made with Adani's unlisted units. Violations attract monetary fines.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
