Hindenburg targets SEBI chief, alleging ties with Adani Group. Claims her family has stakes in offshore funds linked to the conglomerate.
Hindenburg alleges SEBI's Madhabi Buch and husband hold interests in offshore funds tied to Adani. Claims of conflict of interest surface.
Hindenburg criticizes SEBI's slow investigation into Adani's offshore entities, questioning the regulator's impartiality.
Allegations state Madhabi Buch had full ownership of a consulting firm, which she transferred to her husband after the SEBI appointment.
Dhaval Buch, husband of SEBI chief, was linked to Blackstone during SEBI’s REIT regulation changes, raising conflict concerns.
Madhabi Buch dismisses allegations as baseless, claiming an attempt at character assassination by Hindenburg.