Adani-Hindenburg row: Mohandas Pai says Sebi is investigating, no evidence of manipulation found

The Supreme Court on Thursday ordered setting up of a six- member committee headed by former apex court judge A M Sapre to look into various regulatory aspects for stock markets, including the recent Adani Group shares crash triggered by the Hindenburg Research's fraud allegations. Reacting on SCorder, Mohandas Pai of Arian Capital Partners said, :Sebi is investigating, no evidence of market manipulation found so far."

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[baqirhemraj]

No evidence of malpractice within the Adani Group if taken at face value clearly means Adani Group were clever enough to hide the malpractices.

[ambarishhegde]

When the SEBI comes with data and proof Adani will escape from India

[revathinath]

The same sebi was quite when adani shares went upward 286% during corona period .sebi us suppose to track the money invested is genuine or illegal money from shell companies from abroad .sebi failed to do their duty

[loneworrier.loneworrier]

Sebi is working for adani and modi. How can there be anything wrong. If it's rahul gandhi sebi will running up and down.

[swaminathanswaminathan]

end of the capital market NSE and BSE will pay heavily

[krishnajoy]

SEBI is accountable..loss of people money, SEBI is responsible.

[vijaykumarsrivastava]

Supreme Court is master of all even above Parliament. Their recent attitude show that they're rulers. Abolish SEBI, EC, CBI and ED. Even parliament should be directed by them how to run.

[basicengineering]

Sebi is selective boss. I think I would like to talk to you someday.

[kalaimani]

How SEBI's head is Adani family member .
Fair investigation 🤣🤣

[vijayKA]

Only Question of Law can be taken to the Supreme Court... Adani case was a Question of Facts...

[futvol]

Thank God pai didn't become head of infosys..

[basicengineering]

I think Mohandas pai is not same he used to be. I met him once in 1995 at CA institute conference in Marutitus.
Stocks are quoting at 900 PE ratio. What is sebi doing boss.

[gopalc]

1. Who are the real
Owners of Mauritius companies
and is the funding is out of india
2. Why Sebi did not
Look into the KYC of Mauritius investors? Even bank asks for KYC
3. OP on Imports and UP on exports should have been investigated through books, though not SEBI’ s job
3. Role of Vinod Adani is to be probed
Penny wise, pond foolish.

[onillinus]

Is mohandas pai part of panel .How does he knows this. Is someone in panel leaking info

[baqirhemraj]

The wold world knows what Adani did except the SC-appointed panel who have ruled out 'Illegality'. What expertise do they have, nil? I am sure the appointed panel will soon get a good and lucrative job based on their verdict. Gautam Adani is untouchable as he has political and financial might.
Gautum Andani as the third richest person in the world is untouchable. The executive, legislature and judiciary are in his pockets. He has the full support of PM Modi who has refused to comment and has maintained silence. It was a foregone conclusion that Adani will be exonerated in spite of the overwhelming evidence against him which the SC investigators could not or did not want to find. The question is who silenced them.

[sudipdey]

MP stop talking BALTZ...you represents G godse S sawarkar T team...what a Fup...

[antosally]

SEBI will find nothing cos ultimately if some wrongdoing are found its SEBI failure....this process will give clean chit to Adani Autonomy??? All regulators r controlled by Govt of the day

[takahapana]

Gautum Andani as the third richest person in the world is untouchable. The executive, legislature and judiciary are in his pockets. He has the full support of PM Modi who has refused to comment and has maintained silence. It was a foregone conclusion that Adani will be exonerated in spite of the overwhelming evidence against him which the SC investigators could not or did not want to find. The question is who silenced them.

[anandreddy]

supreme kota is understaffed but will interfere where they are not required

[krishankumarsharma]

Absolutely 💯 correct sir great reply 👍