The Adani Group, headed by Gautam Adani, was charged with stock manipulation, accounting fraud, and unlawful use of offshore organisations in the Hindenburg report Adani, which was released in January 2023. The share prices of the Adani Group experienced a notable decline as a result of these accusations.

1. AdaniRejects
Hindenburg
Allegations,Calls
ReportanAttack

2. The Adani Group, headed by
Gautam Adani, was charged with
stock manipulation, accounting
fraud, and unlawful use of
offshore organisations in the
Hindenburg report Adani, which
was released in January 2023. The
share prices of the Adani Group
experienced a notable decline as a
result of these accusations.

3. According to Adani, the
research was a "malicious
attempt to undermine the
credibility" of the Group. He
refuted the allegations and
called it a "calculated attack
on India's economic progress."
He also hinted at taking
Hindenburg to court.

4. SupremeCourt's
DecisioninThe
Hindenburg
Controversy
A request to forward the Securities and
Exchange Board of India's (SEBI) inquiry
into the Adani-Hindenburg scandal to
the Central Bureau of Inquiry (CBI) or a
Special Investigative Team (SIT) was
denied by the Supreme Court of India in
January 2024.

5. AdaniGroup
ChairmanGautam
Adanion
HindenburgReport
Adani
According to Adani, the Hindenburg
report was an attempt to undermine
the Adani Group and accuse the
Indian government.