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Supreme Court order on Hindenburg issue: Gautam Adani says truth will prevailThe Supreme Court on Thursday asked markets regulator Sebi to complete an investigation into Hindenburg's allegations against Adani Group within two months
PTI
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Gautam Adani. Credit: AFP Photo
Gautam Adani. Credit: AFP Photo

Embattled tycoon Gautam Adani on Thursday welcomed the Supreme Court order of a time-bound probe into allegations levelled by Hindenburg Research against his group, saying this will bring finality and truth will prevail.

Shortly after a bench headed by Chief Justice D Y Chandrachud passed the order, Adani tweeted: "The Adani Group welcomes the order of the Hon'ble Supreme Court. It will bring finality in a time bound manner. Truth will prevail."

The Supreme Court on Thursday asked markets regulator Sebi to complete an investigation into US short-seller Hindenburg's allegations against Adani Group within two months.

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It also ordered constituting an expert committee to review regulatory mechanism in view of the rout in share prices of Adani firms triggered by the Hindenburg allegations.

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(Published 02 March 2023, 14:10 IST)