India's market regulator disposes of proceedings against Adani Group companies on public-float violations
28/09/2026 16:44
India's market regulator disposes of proceedings against Adani Group companies on public-float violations Sept 28 (Reuters) - India's market regulator on Monday disposed of proceedings against Adani Group Chairman Gautam Adani and four group companies in a case regarding public-float violations.
The Securities and Exchange Board of India (SEBI) imposed penalties of 2 million rupees ($20,837.13) each on two individuals in the case for wrongful disclosures.
($1 = 95.9825 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru; Editing by Jonathan Ananda)
((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))
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India's market regulator disposes of proceedings against Adani Group companies on public-float violations