Report
SEBI settles proceedings involving four Adani companies and individuals over alleged public-shareholding noncompliance
Bloomberg reports that the proceedings involved four Adani companies and individuals, including Gautam Adani, over alleged noncompliance with minimum public shareholding requirements.
TLDR
Bloomberg reports that India’s securities regulator, SEBI, settled proceedings against four Adani companies and individuals, including Gautam Adani. The proceedings concerned alleged noncompliance with minimum public shareholding requirements.
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