India's market regulator allows four Adani group companies to settle regulatory lapses
28/09/2026 15:36
India's market regulator allows four Adani group companies to settle regulatory lapses Sept 28 (Reuters) - India's market regulator on Monday allowed four Adani Group companies to settle regulatory lapses related to a 25% minimum public shareholding requirement.
SEBI said the four Adani companies and 14 company directors settled the proceedings by paying a total of 14.82 million rupees ($154,403.15).
($1 = 95.9825 Indian rupees)
(Reporting by Mridula Kumar in Bengaluru; Editing by Jonathan Ananda)
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