India’s Securities and Exchange Board of India has resolved disclosure breach allegations against two Adani Ports executives, who each settled by paying 1.37 million rupees without acknowledging any fault. This action comes after a thorough probe into banking operations and inter-corporate security deposits, triggered by concerns over financial reporting violations. The inquiry was part of a broader review sparked by the Hindenburg report on potential share price manipulation.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.