Advertisment

"Truth will prevail": Gautam Adani reacts to SC order on Adani-Hindenburg issue

author-image
NewsDrum Desk
New Update
Gautam Adani Supreme Court

Representative Image

New Delhi: 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.

Advertisment

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. The 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.

Also read: Adani issue: SC directs SEBI to conduct investigation; constitutes expert committee

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

Advertisment
Subscribe