The Adani Group has received the clean chit from the Supreme Court-appointed team of experts looking into the consequences of the Hindenburg claims, and it appears there was no regulatory failure on the side of market regulator SEBI. According to the Supreme Court panel of subject-matter experts, the Adani Group did not manipulate prices, and the conglomerate has taken the appropriate measures to reassure ordinary investors.The groups mitigating actions had aided in boosting investor confidence, and the equities are currently steady, according to the panel.The committee claimed SEBI had discovered certain businesses had taken a short position before the Hindenburg report and had benefitted when the price dropped as a result of the report. The committee recently filed its findings to the Supreme Court.The committee did not uncover any evidence of repeated wash transactions or fake trading among the same participants. The committee reported that no organised pattern of dishonest dealing had been discovered. The committee also asserted that no regulatory failure was found regarding Minimum Public shareholding and there was no violation of compliance as well.Notably, SEBI was asked to investigate the claims of Adani stock price manipulation in the wake of the Hindenburg report. The committee has decided not to comment on the merits of this matter since several entities held short positions before the publication of the Hindenburg report and because SEBIs examination of it is still underway.Adanis retail exposure increased after HindenburgAccording to statistics, retail investors exposure to the firm rose after January 24, 2023, when the Hindenburg report was released, according to the expert committee set up to investigate the Adani firm stock drop caused by the study.
