The Adani Group denied the latest allegations made by the Hindenburg research. Hindenburg alleged that Sebi chairperson Madhabi Buch and her husband had stakes in offshore entities involved in the alleged Adani money siphoning scandal. The Adani Group called the claims malicious, emphasizing their transparency and regulatory compliance. Buch and her husband also refuted the allegations, offering complete transparency of their financial documents. The couple also expressed their disappointment and accused Hindenburg of resorting to character assassination in response to the regulatory measures.
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