The Adani Group denied allegations by Hindenburg Research accusing its connections with Sebi chairperson Madhabi Buch and her husband in an alleged 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.
