Five Adani group companies settle Sebi proceedings for ₹1.51 crore

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Sebi had sent show-cause notices to the companies in February 2024 for alleged lapses in disclosure of certain related-party transactions, highlighted in the Hindenburg report Five companies of the coal-to-port conglomerate Adani group have settled adjudication proceedings with market regulator Securities and Exchange Board of India (Sebi) for a cumulative amount of Rs 1.51 crore,…